{The Government of Rwanda and World Bank Group today signed two International Development Association (IDA) credit agreements totaling $200 million. These credits will help boost the Public financial management and support agriculture sector transformation. } <\/p>\n
\u201cPublic Financial Management and agricultural transformation are central to Government\u2019s development plans. It\u2019s crucial that we are able to make evidence based policies that will in turn have a positive impact on our people,\u201d said Claver Gatete, the Minister of Finance and Economic Planning.<\/p>\n
With the funding of US $100million, the Transformation of Agriculture Sector Program (Phase 3) will support the Government of Rwanda\u2019s strategic objectives to transform Rwanda\u2019s agriculture. The program will focus on raising famer\u2019s income through diversification of crops, better use of input to combat land erosion, improving irrigation, and increased private sector investments. <\/p>\n
The Public Financial Management and Statistics Systems program, with a similar funding, will boost the government\u2019s statistical capacity to make evidence-based policy decisions and improve its planning and budgeting. This will contribute to more efficient and effective use of public resources. It will focus on accounting, auditing, budgeting and reporting in both national and subnational governmental institutions.<\/p>\n
\u201cOne of the innovative features of this Program is that it includes gender-responsive budgeting, with training for planning and budget officers to generate national and subnational gender statistics\u201d. Said Carolyn Turk, World Bank Country Manager for Rwanda.<\/p>\n
Both programs will utilize the Program for Results (PforR) financing instrument in order to improve the efficiency and effectiveness of government expenditure programs and help build institutions and capacity under the programs being supported.<\/p>\n
PforR is one of the three financing instruments in a four year Country Partnership Strategy that was signed between Rwanda and the World Bank. Others include Development Policy Objective DPO-Sector budget support and Project Modality Support.<\/p>\n","protected":false},"excerpt":{"rendered":"
{The Government of Rwanda and World Bank Group today signed two International Development Association (IDA) credit agreements totaling $200 million. These credits will help boost the Public financial management and support agriculture sector transformation. } \u201cPublic Financial Management and agricultural transformation are central to Government\u2019s development plans. It\u2019s crucial that we are able to make […]<\/p>\n","protected":false},"author":3,"featured_media":2000054929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-17307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000054929,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17307.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17307.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17307.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17307.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17307.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17307.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/17307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=17307"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/17307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000054929"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=17307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=17307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=17307"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=17307"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=17307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}