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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