WB pumps Rwf 45b into national budget

NYARUGENGE - The World Bank has made a grant donation of $80 million (approx. Rwf45.4 billion), to be channelled through the national budget. Provided as the 5th Poverty Reduction Strategy Grant (PRSG), the grant will, according to officials, enhance the development agenda in support of the implementation of the Economic Development and Poverty Reduction Strategy (EDPRS). The grant agreement was signed yesterday between the Finance and Economic Planning Minister James Musoni and World Bank Country Director Victoria Kwakwa, at the Ministry of Finance.