National

Agriculture sector receives US$39m boost from IFAD

KIGALI - The government and the International Fund for Agricultural Development (IFAD), yesterday, signed an agreement worth US$39.8 million (approx Rwf23.5bn) to support various agricultural projects in the country.Speaking during the signing ceremony, the Minister of Finance, John Rwangombwa, said that half the funds will be a concessional loan while the other half is a grant.
The Minister of Finance, John Rwangombwa, (R) exchanging documents with the vice president of IFAD, Yukiko Omura. The New Times /Timothy Kisambira
The Minister of Finance, John Rwangombwa, (R) exchanging documents with the vice president of IFAD, Yukiko Omura. The New Times /Timothy Kisambira
Edwin Musoni