Rwanda and Japan have held discussions aimed at deepening cooperation in areas of infrastructure, agriculture, health, education and private sector development.
Uzziel Ndagijimana Rwanda’s Minister of Finance and Economic Planning on Friday hosted at his office Masahiro IMAI, the Ambassador of Japan to Rwanda and Shin Maruo JICA’s Chief Representative to Rwanda.
According to Rwanda’s Ministry of Finance , the country needs to recover faster from the negative impact of the covid19 pandemic, register annual double-digit growth and increase private investment rates from current 26% to at least 35% of GDP.
This will require a major shift from public led growth which characterised the post genocide era to private sector led growth. In addition, substantial investments in infrastructure and human capital development are key to expanding the role of the private sector.
JICA’s economic cooperation is primarily focused on; economic infrastructure, promotion of value-added agriculture, water and sanitation, and human resource development.
