{"id":18399,"date":"2015-01-26T07:31:18","date_gmt":"2015-01-26T07:31:18","guid":{"rendered":"https:\/\/new.igihe.com\/wb-gives-rwanda-70-mln-to-help-fight-poverty\/"},"modified":"2018-11-28T09:02:51","modified_gmt":"2018-11-28T09:02:51","slug":"wb-gives-rwanda-70-mln-to-help-fight-poverty","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/wb-gives-rwanda-70-mln-to-help-fight-poverty\/","title":{"rendered":"WB gives Rwanda $70 mln to help fight poverty"},"content":{"rendered":"<p>{Rwanda received $70 million in aid from the World Bank to help reduce poverty by improving the African state&#8217;s social protection benefits meant for the poorest households.}<\/p>\n<p> Rwanda, one of sub-Saharan Africa&#8217;s fastest growing economies over the past decade, has put poverty alleviation at the heart of its policy since the end of the genocide. <\/p>\n<p> The number of Rwandans living in extreme poverty fell to 24 percent in 2011 from 40 percent a decade earlier, government data showed.<\/p>\n<p> However, many Rwandans remain mired in poverty despite strong economic growth expected to hit 6.5 percent in 2015 compared with about 6 percent last year.<\/p>\n<p> Rwanda&#8217;s Finance Minister Claver Gatete said on Monday a portion of the aid from the World Bank will provide monthly allowances to some of the poorest families in Rwanda, women, genocide survivors, as well as fund new businesses.<\/p>\n<p> &#8220;Our target is to make sure that by 2017 that the poverty level is below 20 percent and below 10 percent in 2020,&#8221; Gatete said at a ceremony to sign the agreement in the capital Kigali.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{Rwanda received $70 million in aid from the World Bank to help reduce poverty by improving the African state&#8217;s social protection benefits meant for the poorest households.} Rwanda, one of sub-Saharan Africa&#8217;s fastest growing economies over the past decade, has put poverty alleviation at the heart of its policy since the end of the genocide. 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