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SMALLHOLDER
CASH AND EXPORT CROP DEVELOPMENT PROJECT |
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Project description and activitiesCounterpart funds and PIP statusThe 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. |