8 September 2012

Rwanda: Agaciro Fund Raises Frw 13 Billion

The two chambers of the Parliament, Rwanda National Police, Rwanda Utility Regulatory Agency (RURA) and the Office of the Auditor General on Friday contributed about Frw 806 million to the Agaciro Development Fund (AgDF). The contribution brought to a total of over Frw 13.5 billion since the official launch of the fund two weeks ago.

Parliamentarians and their staff contributed Frw 136 million (Frw 93.2 million donated by deputies and Frw 43.2 million by senators).

Speaking at the event to announce their contribution, President of Senate Jean Damascene, committed that they will not only stop at the contribution, but also to make more outreach visits to community in order to raise awareness about the fund and its ideals.

"We will continue to explain to the public that it's an initiative for Rwandans meant to foster national development and for the benefits of the next generations," he pointed out.

President of Deputies Rose Mukantabana, however, challenged the minister to ensure a proper use of the fund so that it can very useful for the population.

The Minister of Finance and Planning, John Rwangombwa, assured them that the accountability of the fund will be the main priority as the resources collected will be used to develop national priorities areas decided by Rwandans during the next national dialogue.

Rwangombwa, told The Rwanda Focus that he had previously received contributions from the police that contributed Frw 502 million, RURA that donated Frw 100 million and the Office of the Auditor General that contributed Frw 68 million.

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