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.
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