{"id":2000111315,"date":"2026-05-08T11:49:19","date_gmt":"2026-05-08T09:49:19","guid":{"rendered":"https:\/\/new.igihe.com\/english\/?p=2000111315"},"modified":"2026-05-08T14:57:20","modified_gmt":"2026-05-08T12:57:20","slug":"rwandas-public-assets-and-finances-surpass-rwf-22-trillion-audit-report","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwandas-public-assets-and-finances-surpass-rwf-22-trillion-audit-report\/","title":{"rendered":"Rwanda\u2019s public assets and finances surpass Rwf 22 trillion \u2013 Audit report"},"content":{"rendered":"\n

The report, which applies international auditing standards, is intended to help the country accurately assess the value of its public assets and financial resources and better understand its overall fiscal position.<\/p>\n\n\n\n

Such comprehensive asset valuation exercises remain a challenge in many African countries, where governments may hold significant wealth but lack precise and consolidated records of its total value.<\/p>\n\n\n\n

The Office of the Auditor General launched this initiative to support Rwanda\u2019s development agenda by providing a clearer picture of the state\u2019s financial standing and asset base.<\/p>\n\n\n\n

The assessment covered all government-owned assets, regardless of location, as well as financial holdings.<\/p>\n\n\n\n

Breakdown of government assets<\/strong><\/p>\n\n\n\n

The report shows that government-owned land is valued at Rwf 3,052.9 billion, while buildings are valued at Rwf 3,568.3 billion. Road infrastructure accounts for Rwf 3,776.6 billion.<\/p>\n\n\n\n

Other state assets include vehicles worth Rwf 92 billion, machinery and construction equipment valued at Rwf 242.9 billion, and ICT equipment worth over Rwf 113 billion. Intangible assets, including government IT systems, are valued at Rwf 161.3 billion, while heritage assets are valued at approximately Rwf 0.9 billion.<\/p>\n\n\n\n

Overall, total government assets amount to Rwf 18,370 billion, with cash and cash equivalents standing at Rwf 3,644 billion.<\/p>\n\n\n\n

Year-on-year increase<\/strong><\/p>\n\n\n\n

The report indicates a significant increase in public assets and finances, rising from Rwf 18,342 billion in the previous year to Rwf 22,187 billion in 2024\/2025.<\/p>\n\n\n\n

It also highlights that government investments are distributed across 30 public institutions, five private entities, and 15 international organisations.<\/p>\n\n\n\n

Improvements in financial management<\/strong><\/p>\n\n\n\n

Presenting the report to both chambers of Parliament on May 6, 2026, Auditor General Kamuhire Alexis noted continued progress in the management of public resources.<\/p>\n\n\n\n

The audit found that financial statements were properly prepared at a rate of 97%, compliance with laws and regulations stood at 83%, while efficiency in the use of public resources reached 79%.<\/p>\n\n\n\n

Despite these improvements, Kamuhire emphasised the need for further strengthening in project planning and implementation, service delivery, management of government assets and equipment, and follow-up on audit recommendations.<\/p>\n\n\n\n

Concerns over idle assets<\/strong><\/p>\n\n\n\n

The report also identified 436 unused government assets, valued at Rwf 8.2 billion, up from Rwf 7.9 billion in 2024.<\/p>\n\n\n\n

These idle assets include medical equipment, land and buildings, market facilities, ICT equipment, livestock weighing scales, and primary healthcare infrastructure.<\/p>\n\n\n\n

The Auditor General recommended that such assets be put to productive use or disposed of where utilisation is not feasible.<\/p>\n\n\n\n

\u201cThose responsible for managing public assets should coordinate with relevant institutions to ensure these resources are effectively utilised, or sold where necessary,\u201d he said.<\/p>\n\n\n\n

\"\"
Rwanda\u2019s public assets and financial position have reached over Rwf 22 trillion, according to the 2024\/2025 report by the Auditor General of State Finances.<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Rwanda\u2019s public assets and financial position have reached over Rwf 22 trillion, according to the 2024\/2025 report by the Auditor General of State Finances.<\/p>\n","protected":false},"author":131,"featured_media":2000111319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[151,69],"byline":[170],"hashtag":[],"class_list":["post-2000111315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-editors-choice","tag-homehighlights","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":2000111319,"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/05\/mwc_africa_venue-c2603.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":960,"height":640,"sizes":{"thumbnail":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/05\/mwc_africa_venue-c2603.jpg","width":150,"height":100},"medium":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/05\/mwc_africa_venue-c2603.jpg","width":300,"height":200},"medium_large":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/05\/mwc_africa_venue-c2603.jpg","width":768,"height":512},"large":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/05\/mwc_africa_venue-c2603.jpg","width":960,"height":640},"full":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/05\/mwc_africa_venue-c2603.jpg","width":960,"height":640}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000111315","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\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=2000111315"}],"version-history":[{"count":2,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000111315\/revisions"}],"predecessor-version":[{"id":2000111326,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000111315\/revisions\/2000111326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000111319"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=2000111315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=2000111315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=2000111315"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=2000111315"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=2000111315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}