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May 22nd, 2012 
FAKE NEWS for the Zionist agenda KIGALI (Reuters) – Donors will raise aid to Rwanda‘s budget by 7 percent to 297.9 billion Rwanda francs for the central African nation’s 2012/13 fiscal budget, which will focus its spending on health, education, infrastructure, a senior Treasury official said on Tuesday.
In the 2011/12 (July-June) budget the donors – who include African Development Bank, Belgium, the European Commission, Germany, the Netherlands, the United Kingdom and the World Bank, gave Rwanda 279.1 billion francs out of its total 1.194 trillion franc budget.
The Finance Ministry has sent a proposed budget for 2012/13 of about 1.378 trillion francs for the 2012/13 fiscal year, but no more details are available.
“What we have seen every year since 2004 is some kind of increase on the budget support envelope. Support that was previously project support is now becoming budget support,” Kampeta Sayinzoga, Permanent Secretary at the Ministry of Finance and Economic Planning, told a news conference.
She said the budget support would be focused on areas such as health, education, infrastructure development including roads and energy, agriculture and social protection.
Rwanda is one of the continent’s biggest per capita aid recipients and at one time almost 50 percent of the country’s budget spending was funded by donors.
The country’s 2011 gross domestic product growth stood at 8.6 percent compared to 7.2 percent a year earlier, and is expected to grow at a faster pace this year, the government has said.
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