WB approves US$50m for Rwanda’s social protection system

The World Bank on Thursday agreed to help Rwanda further cut poverty with stronger safety nets for vulnerable families after it approved a grant of US$50 million (Rwf31.7bn) to help the country expand and manage its national social protection system.

The World Bank on Thursday agreed to help Rwanda further cut poverty with stronger safety nets for vulnerable families after it approved a grant of US$50 million (Rwf31.7bn) to help the country expand and manage its national social protection system.

By cushioning more people from the full impact of various shocks, from unemployment or illness to sudden natural disasters, Rwanda will be able to make further dramatic cuts in poverty and inequality, reads part of the World Bank country office statement e-mailed to The New Times today.

 

The improved social protection system will help ensure that benefits reach those most in need.

 

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