The New Times (Kigali)

Rwanda: World Bank Approves U.S.$50 Million for Country's Social Protection System

By James Karuhanga, 15 March 2013
Photo: SteveRwanda/Wikipedia
Kigali, Rwanda (file photo).

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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World Bank to Help Rwanda Cut Poverty

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The country will receive a financial injection from the World Bank to help it expand and manage its national social protection system. Read more »