Press Release No:2010/327/AFR
WASHINGTON, March 31, 2010 – The World Bank Board of Executive Directors on March 30, 2010 approved a total amount of US$115.6 million from the International Development Association (IDA), including US$29.5 million from the Crisis Response Window (CRW), to assist the Government of Rwanda with implementing key policy actions outlined in its Economic Development Poverty Reduction Strategy (EDPRS). Given Rwanda’s status as a blend country, US$15.2 million of the CRW funds is a grant and US$14.3 million is a credit.
These funds have been disbursed as part of a series of the World Bank’s Poverty Reduction Strategy operations for Rwanda launched in 2002.