The World Bank will help Rwanda implement key policy priorities outlined in the country’s poverty reduction strategy, the Washington-based lender said. The bank’s board of directors approved on March 30 a USD115.6 million assistance package for the initiative. The package includes a USD14.3 million loan and a USD15.2 million grant from the bank’s crisis response window. The rest of the assistance will be drawn from the International Development Association’s funds.
The sectors expected to benefit from the assistance include agriculture, private-sector development, water, energy and infrastructure - particularly transport.