 |
| Paul Kagame – President of Rwanda |
World Bank has given Rwanda $70 million aid to help reduce poverty by improving its social protection benefits meant for the poorest households.
Rwanda’s Finance Minister, Claver Gatete, said on Monday in Kigali at a ceremony to sign the agreement that government has put poverty alleviation at the heart of its policy since the end of a genocide that killed 800,000 people in mid-1990s.
He said the number of Rwandans living in extreme poverty fell to 24 percent in 2011 from 40 percent a decade earlier.
“However, many Rwandans remain mired in poverty in spite of strong economic growth expected to hit 6.5 percent in 2015 compared with about 6 per cent last year,’’ he said.
Gatete said a portion of the aid from the World Bank would provide monthly allowances to some of the poorest families in Rwanda, women, genocide survivors, as well as fund new businesses.
“Our target is to make sure that by 2017 that the poverty level is below 20 percent and below 10 percent in 2020,” he said.
info source: bellanaija
5 comments:
Make una no vex oo...na so the country poor reach?
World Bank has done well...that country is too poor even the president looks like he hasn't eaten for decades let-alone subjects
What a poor country!
Some have food but cannot eat, some (Rwanda) can eat but have no food...thanks to World Bank!
Oh! Our blog is back again...good a thing someone notified me when he showed me a funny article of President Goodluck and Gen. Buhari in ankara. I knew one person that is likely responsible of the ankara thing, Itomie. And when I checked it was just as I thought. WELCOME BACK!
Post a Comment