Tuesday 12 December 2017

World Bank president to visit Rwanda on Tuesday

World Bank president to visit Rwanda on Tuesday
(Xinhuanet 03/20/17)

The World Bank Group President Jim Yong Kim is expected in Rwanda on Tuesday.

During his visit, from March 21-22, Kim is expected to meet with Rwandan President Paul Kagame to discuss the east African country's development achievements, innovations and the progress made in fostering private sector growth and development, according to a statement issued by the World Bank office on Friday in Kigali.

Kim will also hold meetings with private sector leaders and visit human development and other projects in various parts of the country including an ICT innovation centre at K-lab in Kigali and a social protection center at Kinyana to see how the World Bank Group can help sustain and further strengthen them.

He will also address a public lecture in Kigali on addressing today's challenges for a prosperous future, before winding down his two-day visit.

This is Kim's second visit to Rwanda. The Word Bank has been in partnership with Rwanda since 1963. The current Country Partnership Strategy fiscal year 2014-2018 was endorsed by the Board in June 2014.

Rwanda's portfolio comprises of 10 projects with net commitments of 802.4 million U.S. dollars spread across various sectors of agriculture (35 percent), energy (30 percent), governance (13 percent), urban (12 percent) and transport (6 percent).

Rwanda also participates in six regional projects with the national commitment amounting to 204 million U.S. dollars.

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