The Deputy Vice-Chancellor in charge of Finance at the University of Rwanda, Françoise Kayitare Tengera said the debt was due to challenges that followed the merger of different institutions to create the University of Rwanda in 2013.
She said UR inherited debts from the merged public institutions owed to its staff and other suppliers.
Last year, the University of Rwanda officials outlined a 5-year plan of how to pay the debt.
“The Government has pledged to increase our budget part of which will service the debt,” Kayitare Tengera said, adding that it is the Government’s will to help the University progressing.
Government has pledged to have paid the debt in five years.
Tengera has said Government will be paying between Rwf.1.8 billion and Rwf.2.6 billion per year. It has already paid Rwf2 billion.
“The next Auditor General’s report will show the debt is no longer as it was. When we pay the debt, we start by priorities which have been unpaid for the longest time,” Tengera explained.
From 2015 the University of Rwanda has faced financial hardships which saw it fail to pay regular salaries for its staff, funding students’ internships and failing to pay suppliers.
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