The Rwanda Development Board (RDB) has contributed Frw 133,906,117 to Agaciro Development Fund.
The dummy cheque was handed over to the Ministry of Finance and Economic Planning John Rwangombwa today, October 2nd 2 2012 at RDB headquarters.
The Rwanda Development Board acting Chief Executive Officer, Clare Akamanzi, said “We are proud as staff of RDB to raise our own resources to contribute to a very important initiative that the Agaciro Development Fund is.”
“We join the rest of the Rwandans in solidarity towards finding solutions to our country’s economic development. We will continue to do our part, not only to promote the Agaciro Development Fund, but also in doing our work in promoting economic development.”
She added that aside from what has been contributed so far, RDB staff have several other initiatives that they have put in place and are working on to continue contributing to the fund such as the ‘piggy banks’ in the offices and National Parks as well as fundraising events.
Speaking to the RDB staff, Minister Rwagombwa said, “your presence here indicates your voluntary contribution and commitment to the development of the nation.”
Agaciro Fund, a solidarity fund initiated by Rwandans to improve the level of financial autonomy of Rwanda as discussed during last year’s National Dialogue.
This fund will be used to support key priorities such as rural development projects among others. The raised funds are over Rwf18bn within the period of less than a month.
The Fund would not replace the traditional sources of state revenues, including donor aid, but will supplement them instead.
The money in the fund will be managed as the governmental budget and audited by Auditor General.
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