SMALLHOLDER CASH AND EXPORT CROP DEVELOPMENT PROJECT

Project description and activities

Counterpart funds and PIP status

The project will be approved by the Council of Ministers, and will be included in the next update of the PIP. The Ministry of Finance and Economic Planning will ensure the availability of the Government counterpart funds of a total amount of USD 1.88 million, which represents duties and taxes throughout the seven years of the project life.

The government will open a project account in the Central Bank of Rwanda (BNR) into which it shall deposit an amount in Frw equivalent to USD 270 000 representing its average contribution for the first year of project implementation. The Government shall provide exemption of duties for all items imported by the project.

 

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