The Government has said that it plans to spend the biggest share of the 2020/21 budget on activities that will boost the economy as part of a broader plan to respond to the impact of COVID-19.
The Minister of Finance and Economic Planning Uzziel Ndagijimana briefs MPs about the government's recovery plan to deal with the impact of COVID-19 on Thursday, May 21.
"In line with the plan to address the impact of COVID-19 on the economy and the well-being of the people, the budget for 2020-1021 will focus on implementing the government's economic recovery plan," Ndagijimana said.
Under the economic recovery plan, the Government had said that the total Covid-19 related cost was estimated to be at Rwf882 billion over the next two fiscal years.
The agriculture sector, which will receive some Rwf 92.2 billion in the new draft budget, currently represents 24 per cent of our Rwanda's gross domestic product (GDP).