NST2 Elaboration Takes Center Stage at the Development Partners Retreat

NST2 Elaboration Takes Center Stage at the Development Partners Retreat

May 2, 2024: Senior government officials, representatives from bilateral and multilateral organizations, non-governmental organizations, and the private sector convened today for the 20th Development Partners Retreat (DPR) in Rubavu District.

Themed "Thinking and Working Together towards NST2," the two-day retreat will reflect on key achievements of the National Strategy for Transformation (NST1) realized over a period of numerous challenges including; the COVID-19 pandemic, periods of heightened global inflation, geopolitical conflicts and climate-related shocks.

The primary focus will be the elaboration of the second generation of the National Strategy for Transformation (NST2). Discussions will revolve around identifying transformative strategies on key issues of; poverty alleviation and resilience, job creation and youth employment, as well as human capital development. This will pave the way for alignment of Development Partners' technical and financial contributions to the NST2 priorities.

The Minister of Finance and Economic Planning who serves as the chair of the Development Partners Retreat in his opening remarks, stated; " NST2 will require more partnership and innovation in how we mobilize and utilize resources, both domestic and external resources, to achieve our goals. This retreat is therefore an opportunity to generate new ideas to accelerate our socio-economic transformation during the next 5 years

Speaking on behalf of the Development Partners co-chairs, Ms. Aissa Toure Sarr, African Development Bank Country Manager, remarked, "Honest discussions on NST2 elaboration will delve deeper into Rwanda's development trajectory, seeking solutions for a greener, inclusive, equitable, and resilient economy through transformative approaches."

Development Partners commended Rwanda's commitment to inclusive and sustainable development, recognizing the country’s resilience and continued socio-economic progress amidst both global and domestic challenges. They pledged continued support and partnership in alignment with Rwanda’s national development agenda.

Traditionally, the DPR provides a framework for mutual accountability and candid discussion on development cooperation with a view to enhancing its effectiveness and impact.

Topics


Rwanda Presents Third Voluntary National Review on Progress Towards the 2030 Agenda

New York, 15 July 2026 — Rwanda has presented its Third Voluntary National Review (VNR) on the implementation of the Sustainable Development Goals…

Read more →

Rwanda Ranked Among Africa's Top Performers in Global Sovereign Transparency Report

KIGALI, July 14, 2026 – Rwanda has been ranked among Africa's top performers in the 2026 Institute of International Finance (IIF) Investor Relations…

Read more →

Reinventing Development Finance

Yusuf Murangwa , Junaid Kamal Ahmad, and Ndiamé Diop

July 8, 2026

Faced with shrinking concessional finance and rising borrowing costs, Rwanda has…

Read more →

Development Partners and Government Review Next Steps for Operationalizing Rwanda’s Development Cooperation Policy

Kigali, Rwanda – July 2, 2026 — Government officials and development partners last week convened under the Development Partners Coordination Group…

Read more →

RWANDA’S GDP GROWS BY 10% IN FIRST QUARTER OF 2026, DRIVEN BY INDUSTRY AND SERVICES

KIGALI, June 16, 2026 – Rwanda’s economy recorded 10% growth in the first quarter of 2026, compared to the same period in 2025, according to official…

Read more →

Minister Murangwa Presents Frw 7,796 billion Budget for 2026/27, Prioritizing Agriculture, Jobs, and Economic Stability

Kigali, 11 June 2026– The Minister of Finance and Economic Planning, Yusuf Murangwa, today presented to Parliament a budget proposal of Frw 7,796.3…

Read more →

S&P Global Ratings Confirms Rwanda's Credit Rating at 'B+/B' with a Stable Outlook

Kigali, Rwanda – 25 May 2026 – S&P Global Ratings last week affirmed Rwanda’s credit rating at ‘B+/B’, maintaining a stable outlook. The affirmation…

Read more →

Government Presents Budget Framework Centered on Resilience and Inclusion

Kigali, 11 May 2026 – The Minister of Finance and Economic Planning, Yusuf Murangwa, today on behalf of the Government, presented the Budget Framework…

Read more →

Rwanda and IMF Reach Staff-Level Agreement on $250 Million Program

Kigali, Rwanda – April 2, 2026– The Government of Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) on a 38-month…

Read more →
-->