Germany extends €18 million grant to strengthen Rwanda's social protection system #rwanda #RwOT

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The agreement was signed between the Government of Rwanda and the Federal Republic of Germany, represented by the German Development Bank (KfW). The funds will be channelled through the Local Administrative Entities Development Agency (LODA), which oversees the implementation of social protection and community development programs nationwide.

Officials said the support will directly reinforce Rwanda's flagship Vision Umurenge Program (VUP), a cornerstone of the national strategy to accelerate the graduation of vulnerable households from poverty.

'This grant from the Federal Republic of Germany through KfW is a re-affirmation of our shared commitment and partnership to invest in the well-being of the people of Rwanda,' said Yusuf Murangwa, Minister of Finance and Economic Planning, during the signing ceremony.

German Ambassador to Rwanda, Heike Uta Dettmann, underscored the significance of the partnership, noting that social protection has immediate and lasting effects.

'Rwanda has shown that investing in its population leads to a meaningful reduction in poverty. Social protection has an immediate impact on the most vulnerable, and the project signed today is a joint step toward this goal,' she said.

The grant is expected to strengthen key components of Rwanda's social protection framework, with a focus on poverty alleviation, community development, and building resilience against social and economic vulnerabilities.

Both governments highlighted the agreement as a reflection of their shared commitment to advancing sustainable development and inclusive growth for all Rwandans.

The agreement was signed between the Government of Rwanda and the Federal Republic of Germany, represented by the German Development Bank (KfW).
The grant is expected to strengthen key components of Rwanda's social protection framework, with a focus on poverty alleviation, community development, and building resilience against social and economic vulnerabilities.
Yusuf Murangwa, the Minister of Finance and Economic Planning, noted that the grant reflects Rwanda and Germany's shared commitment to investing in the well-being of Rwandans.
German Ambassador to Rwanda, Heike Uta Dettmann, underscored the significance of the partnership, noting that social protection has immediate and lasting effects.

Wycliffe Nyamasege



Source : https://en.igihe.com/news/article/germany-extends-eur18-million-grant-to-strengthen-rwanda-s-social-protection

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