President Paul Kagame and Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), on Sunday, April 28, held discussions on ongoing ‘fruitful’ partnership.

ALSO READ: Kagame in Saudi Arabia for special World Economic Forum meeting

Both leaders are attending the World Economic Forum (WEF) special meeting on global collaboration, growth and energy for development to address the most pressing issues on the global agenda, in Riyadh, Saudi Arabia.

Kagame will participate in the opening plenary session on the "New Vision for Global Development” to discuss how to reignite the momentum of development and economic convergence.

Other panelists expected include President Tinubu of Nigeria, Prime Minister Anwar Ibrahim of Malaysia, Kristalina Georgieva, the Managing Director of the International Monetary Fund, and the CEO of Lazard Group, Peter Orszag.

ALSO READ: IMF Boss on Rwanda’s economic potential, climate championship

Rwanda is the first African country to benefit from IMF’s Resilience and Sustainability Trust which is currently serving to support key climate change initiatives from the secured $319 million fund.

Georgieva was last in Rwanda in 2023, where she participated in a roundtable discussion with East African finance ministers and Central Bank governors, where they informed her that the process involved in acquiring climate financing under the RST is still burdensome.