from All Africa
The East African Standard (Nairobi)
Kimathi Njoka
Nairobi
Rwanda is to get Sh119 million ($1.7 million) loan from the International Monetary Fund (IMF)for poverty alleviation.
The announcement follows the completion of the first review of Rwanda's performance under a Sh840 million ($12million) Poverty Reduction and Growth Facility (PRGF) arrangement last month.
The completion of the review will see a disbursement of Sh119 million, bringing to Sh238 million the total amount so far drawn under the arrangement.
The PRGF is the IMF's concessional facility for low-income countries. PRGF-supported programmes based homegrown poverty reduction strategies that are adopted in a participatory process involving development partners.
‘Coca leaf is life itself’: Andean growers’ hopes fade as WHO upholds
global ban
-
Under US pressure as part of the ‘war on drugs’, the WHO still categorises
the sacred Indigenous remedy as akin to heroin or fentanyl, despite its
many t...
1 hour ago
No comments:
Post a Comment