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Press Releases

30.09.2020 Minister Uzziel Ndagijimana signs off the 2019/2020 Consolidated Financial Statements

September 30, 2020: The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana has signed of the 15th annual Consolidated Financial Statements covering the period from 1st July 2019 to 30th June 2020 and the...[more]

24.08.2020 Rwanda and South Korea sign Frw 8.7 billion grant to strengthen TVET systems and structures

August 20, 2020:  The Ministry of Finance and Economic Planning and the Korea International Cooperation Agency (KOICA) on behalf of the Republic Rwanda and the Republic of South Korea respectively on Tuesday signed a...[more]

20.08.2020 MINECOFIN disseminates the Fiscal Year 2020-2021 Citizen’s Guide to the Budget

August 20, 2020: The Ministry of Finance and Economic Planning has published and commenced the dissemination of the Citizen’s guide to the budget for the Fiscal Year 2020-2021. This has been the practice since 2009-10. The...[more]

08.07.2020 Government and World Bank sign US$ 150 million to boost market-relevant skills

Kigali July 8, 2020: The Government of Rwanda and the World Bank Group today signed a US$150 million (approximately Frw 142 billion) financing agreement to support Rwanda’s efforts to expand opportunities for the acquisition of...[more]

02.07.2020 Government and USAID Sign Commitment of Frw 605 Billion to Rwanda’s Development efforts

KIGALI – On Thursday, July 2, 2020, the Government of Rwanda and the United States Government, represented by the U.S. Agency for International Development (USAID), signed financing agreement worth US$ 48.6 million (approximately...[more]

30.06.2020 France and Rwanda sign €45.8 million (about Frw 48 billion) financing agreement to support National COVID-19 response

Kigali, June 30th 2020: Minister of Finance and Economic Planning Dr. Uzziel NDAGIJIMANA, CEO of the Agence Française de Développement (AFD) Mr. Rémy RIOUX, and, Chargé d’Affaires at the Embassy of France to Rwanda H.E. Mr...[more]

22.06.2020 Government lays out spending priorities for 2020/21 Fiscal year

Kigali, June 22, 2020: Government will spend Frw 3,245.7 billion in the 2020/2021 Fiscal year, an increase of Frw 228.6 billion compared to Frw 3,017.1 billion in the 2019/20 revised budget. The fiscal policy in 2020/21 will be...[more]

09.06.2020 Government of Rwanda launches Economic Recovery Fund (ERF) to support businesses adversely affected by COVID-19

June 8, 2020: As of June 8, 2020 eligible businesses will be able to apply for funding under the Economic Recovery Fund (ERF), a two-year facility established by Government to cushion businesses affected by the COVID-19 Pandemic....[more]

08.06.2020 GoR and EU sign Frw 55 billion grant agreement to support social protection in response to COVID-19 crisis

Today, the Government of Rwanda and the European Union signed an addendum to a financing agreement for €52.87 million (about Frw 55.5 billion) to support the social protection coverage in response to the COVID-19 crisis. This...[more]

29.05.2020 93% Rwandans are financially included-FinScope Survey 2020

Kigali, May 29, 2020 – The Ministry of Finance and Economic Planning in partnership with Access to Finance Rwanda (AFR) today launched the 2020 FinScope Survey Report, a yardstick that measures how Rwandans are financially...[more]

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