Image Image Image Image Image Image Image Image Image Image Image Image

AfricaMoney | October 18, 2017

Scroll to top

Top

No Comments

Rwanda and the UN sign $400 million partnership

Rwanda and the UN sign $400 million partnership

The government of Rwanda and One UN Rwanda have signed a five year $400 million development assistance Plan (UNDAP) that will help the government meet the millennium development goals and Vision2020 targets.

The UNDAP funds will be finance economic projects worth US$ 82 million, governance initiatives worth US$ 42 million and human development projects worth US$ 276 million.
The Minister of Finance and Economic Planning Ambassador Claver Gatete said that Rwanda is experiencing one of the fastest periods of economic growth in its history. This growth has translated in one million Rwandans lifted out of poverty.

“Our development results are due in large part to strong and innovative leadership and the support of our development partners as we embarked on widespread reforms guided by a bold vision for development,” Minister Gatete added.

UN resident coordinator Lamin Momodou Manneh pointed out that Rwanda continues to own and lead its development process in a particularly innovative and committed way, as underscored by consistently high policy implementation rates as well as raising the levels of aid effectiveness.

“As a result, Rwanda registered very positive results reflected in the high levels of inclusive economic growth, significant poverty reduction, and notable gains in human development, gender empowerment and measurable progress towards the MDGs,” Lamin Momodou Manneh said.

UNDAP is a mid-term five year consolidated plan of UN support to Rwanda’s in its efforts to achieve the Millennium Development Goals, the second Economic and Poverty Reduction Strategy (EDPRS2) as well as Vision 2020.

The successful implementation of EDPRS 1 (2008-2013), which saw poverty levels drop by 12% was possible because of support by the United Nations Development Assistance Fund (UNDAF), which provided the strategic support in the focus areas of governance, health, HIV, nutrition, population, education, environment, and sustainable growth and social protection.

Image Source: Government of Rwanda

Source: Government of Rwanda

Tags

Submit a Comment

Directory powered by Business Directory Plugin