Parliament Approves Rwf279 Billion Financing For Job-Creation Programme

Kigali, August 20, 2026 - Rwanda's parliament approved two financing agreements worth a combined Rwf279 billion to fund government programmes focused on decent and sustainable job creation, reinforcing employment as a core priority under the Development Policy Financing Programme.

All 66 MPs present voted in favour of the package. One agreement provides about Rwf140 billion, equivalent to EUR 81.71 million, while the second provides about Rwf139 billion, equivalent to JPY 15.02 billion.

The yen-denominated agreement is Rwanda's first sovereign loan facility in Japanese yen. Treasury officials said the financing will support recurrent activities and development projects in the current financial year under the second National Strategy for Transformation.

The approval underscores Rwanda's continued use of external concessional financing to support employment, public investment and growth priorities, a key signal for investors tracking fiscal policy and development spending.