EU releases fund for Rwanda's rural road construction
Xinhua, December 22, 2016 Adjust font size:
The Delegation of the European Union to Rwanda on Wednesday transferred 10 million euro to the Rwandan government for rural road construction.
The funds, meant to help rehabilitation and maintenance of 200 kilometers of rural roads, completed the 40-million-euro grant committed in 2013 toward rehabilitation of 700 kilometer road network in Rwanda.
Head of the Delegation of the European Union to Rwanda Michael Ryan in a statement stressed the importance of rural roads.
"Rural roads provide the backbone of economic activity for nearly 80 percent of Rwanda's citizens, most of who depend on farming and small-scale commerce for their livelihoods. EU financial support has the ultimate objective of reducing poverty and improving living conditions for Rwandans," he said.
"Eighty percent of our assistance is now budget support, a sign of EU confidence in Rwanda's economic management," Ryan added. Endit