Rwanda : Finance ministry plans on Poverty reduction strategy implementation

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Finance ministry plans on Poverty reduction strategy implementation

Planning officials from the Ministry of Finance and Economic Planning (MINECOFIN) have met with stakeholders to gather views on the second phase of the Economic Development and Poverty Reduction Strategy (EDPRS-2) which will be implemented in the next five years starting 2013.

The event was jointly organized by MINECOFIN and the Institute of Policy Analysis and Research (IPAR), an NGO which conducts research on areas meant to enhance the country’s growth and better welfare of Rwandan citizens.

Antonia Mutoro, the Executive Director of IPAR commended the dialogue adding that her instittutuon will continue facilitating MINECOFIN in its EDPRS-2 activities.

“At IPAR we believe that economic growth and development is impossible without sound policy and responsive governance. Therefore, we seek to strengthen the evidence base available to government, civil society and development partners about the pressing social, economic and political issues facing Rwanda, and to provide real time solutions to the everyday challenges of its people,” she said.

Godfrey Kabera, the director of policy evaluation and research at MINICOFIN, highlighted that the EDPRS 2 will be elaborated through a highly consultative process involving all stakeholders from communities to national level.

In addition, the elaboration process will be completed in November 2012 after validation by the National Steering Committee and presentation to the Development Partners meeting.

Kabera further pointed out that the elaboration of the EDPRS 2 will be supported by evidence from the third Household Living Conditions Survey (EICV 3) as well as the fourth Demographic and Health Survey (DHS 4) .The EICV 3 survey showed that poverty in Rwanda reduced by 12 percentage points between 2005/6 and 2010-11 from 56.9% to 44.9%.

More views will be gathered from the sector level through various gatherings such as the Joint Action Forums (JAF).
During the discussions, participants focused on four thematic areas making up priorities in the EDPRS-2: economic transformation, rural development, skills development and youth development as well as accountable governance.

“In terms of rural development for instance, we have programs aimed at modernization of agriculture, environmental and resource management, while on economic transformation, we intend to facilitate private sector development, competitiveness and service delivery,” he said.

 

 

 


 

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Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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