Rwanda -- World Bank helps Rwanda boost rural economy.

0 Comments | M2 Presswire, March, 2001

M2 PRESSWIRE-30 March 2001-WORLD BANK: Rwanda -- World Bank helps Rwanda boost rural economy (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:29032001 WASHINGTON -- The World Bank today approved a US$48 million credit to assist the government of Rwanda's goal to revitalize the rural economy, increase rural incomes, reduce poverty and reinforce national stability.

With 92 percent of the population living in rural areas, the Rural Sector Support Project, a 14-year program, is developed on the basis that the most effective way to reduce poverty is to raise the productivity and expand the employment of resources that the rural poor own or depend on for their livelihood. These are primarily land and labor. The first phase of the project will focus on: *...