Negotiations on development cooperation between Rwanda and Germany were virtually held in Bonn and Kigali on Wednesday, November 4, where Germany agreed to commit to Rwanda 90.55 million EUR (Rwf113.5 billion) for 2020-2022.
State Minister in charge of Treasury in the Ministry of Finance and Economic Planning, Richard Tusabe, and Dr. Stefan Oswald, Head of the German Delegation and the DG for Marshall Plan with Africa; Displacement and Migration at the Federal Ministry for Economic Cooperation and Development, signed the new envelope.
Both sides acknowledged the long-standing relationship between the two countries. It was agreed that Germany's development cooperation will focus on three areas: Decentralization/Good Governance, Sustainable Economic Development/Technical and Vocational Education and Training and Environment/Climate protection.
Germany will support Rwanda's COVID-19 response by contributing funds to social protection as well as to credit lines for small and medium enterprises hit by the COVID-19 crisis.
Meanwhile, Germany also committed funds for the digitalization of the public sector in Rwanda as well as support for Rwanda's NDC Program.
Source : https://taarifa.rw/rwanda-secures-frw113-5-billion-from-germany-for-governance-economic-development/
