in Short

Rwanda: $150 Million to be added to Covid-19 Economic Recovery Fund

Rwanda is adjusting its public spending to accelerate economic recovery from the Covid-19 effects—characterized by job losses, disruption in international travels and global supply chains.

Under the new plan, the government will inject an extra $150 Million in the Economic Recovery Fund (ERF), adding to the initial $f100 Million, according to Rwanda’s Prime Minister, Dr. Edouard Ngirente.

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