Saturday, February 03, 2007

Rwanda: UK gives Rwanda Frw 51bn for poverty reduction

from Somali Net

(SomaliNet) Rwanda has got over Frw 51billion from United Kingdom’s Department for International Development (DFID) as part of an effort to help get rid of extreme poverty.

The DFID funds are part of United Kingdom (UK) development assistance to Rwanda, the DFID Director in Africa, Dave Fish told journalists on Thursday shortly after meeting Rwandan President Paul Kagame.

“The DFID is satisfied with Rwanda’s accountability. All the funds remitted to the country are managed properly,” Fish said.

In 2006, Rwandan government and the United Kingdom signed a Memorandum of Understanding which calls for the two countries’ commitment to end poverty.

“The UK has been providing humanitarian and development assistance to Rwanda. It provides bilateral assistance totaling to over fifty one billion Francs annually,” Fish said.

“The UK values its strong development partnership with Rwanda. We have confirmed our commitment to providing a high level of assistance to Rwanda over the next ten years.”

Rwanda’s Finance minister James Musoni said part of the money goes to budget support and the rest is injected into other priority areas.

“We are very much committed to observe good governance and financial management. Defending human rights is our priority too,” Musoni said.

The DFID is an arm of the UK Government that manages Britain’s aid to developing countries and works to reduce poverty and improve the standard of living for the citizens.

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