{{Rwanda’s Minister of Finance and Economic Planning John Rwangombwa has said that the decision by some donors to withhold aid will not in any way derail the country’s development plans.}}
Rwangombwa was answering questions from MPs of both chambers of the parliament.
He explained that the aid they expected to be delayed or withheld constitutes about 12% of the national budget.
The Minister said that of the total amount of aid, 5% was the proportion most likely not to be received.
“This means that our development will not be greatly affected and we expect to received over 85% of the money from multilateral donors such as the African Development Bank and the World Bank” Minister Rwangombwa said.
Minister Rwangombwa re-emphasised the need for Rwandans to maintain the spirit of self reliance and look towards a future independent of foreign aid.
Leave a Reply