Monday, November 26, 2007

Rwandan Govt seeks $9.6 Billion to end poverty



Kigali

The Government of Rwanda says there is a strong political will to bring down the worrying numbers of poor people in the country through a series of programmes over the coming years. But to do that, the Government is seeking about Rwf 5.151 trillion (about $9.6B)from both donors and the already over stretched tax-payers. The submission was made today, Monday December 26, during a donor meeting held at Serena Hotel in Kigali.

For the past year, government developed a new flagship poverty eradication plan - the Economic Development and poverty Redaction Strategy (EDPRS) for the next five years that was also launched during the meeting. The plan seeks to address Rwanda's medium term needs, namely increasing skills, transform agriculture, reduce business costs by putting up necessary infrastructure and reform the financial sector.

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