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The facility will help strengthen and scale up support to critical sectors in Rwanda as well as support efforts to the realization of the Government of Rwanda’s development objectives under its “Vision 2020” that seeks to boost key priority sectors in Rwanda, and which will in turn provide broad-based economic development, employment opportunity and alleviate poverty. The facility will enhance BRD’s long-term liquidity and its ability to provide financing on appropriate terms to projects in these key priority sectors of the Rwandan economy. The LOC will have positive development impacts including availing scarce long-term liquidity and will support the growth of Rwandan businesses, including small and medium enterprises in the privates sector that have great potential to play an important role in social and economic development.
Status
Active
Start Date
2017
Donor
Funding Instrument
Country
Region
Thematic
Unique ID
41
Amount in USD (in million)
20.39