Rwanda plans to increase by 15.5% the resource granted for public expenditures during the 2018-19 fiscal year, the finance minister Uzziel Ndagijimana (photo) announced.
According to information relayed by Reuters, this amount should stand at $2.85 billion, up by more than $380 million compared to the $2.47 billion last year.
This increase in public spending will benefit many projects including the expansion of the national airlines RwandAir, the construction of Bugesera airport and a new international airport near the capital Kigali. The official indicated that 200, 000 jobs should be created in the long term.
Let’s note that the government will provide 84% of the budget while the balance will be granted by donors.
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