Rwanda needs 622.3 billion Frw to deal with the effects of natural disasters in 2023

Date: 2024-12-20
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The Ministry of Finance and Planning has identified the need for $451 million to repair infrastructure damaged by natural disasters in Rwanda in 2023 and to strengthen the agricultural sector, which plays a major role in the country's economy. 

The reconstruction plan after the disaster that hit Rwanda in May 2023 is contained in a letter written by the Minister of Finance and Planning Yusuf Murangwa to the International Monetary Fund, IMF. 


It shows that Rwanda wants to repair the basic infrastructure damaged by disasters and build a stable economy that cannot be disturbed by other things that come easily. 

"Floods and landslides have not only destroyed people's houses and roads, but also disrupted agricultural production, which is the backbone of our economy," it said. "This reconstruction program is not limited to repairing the damage, but aims to build a stable Rwanda that can face other problems related to climate change."

 The disaster that hit Rwanda at the beginning of May 2023 destroyed more than 7450 houses, destroyed 2176.3178 hectares of crops in the fields of the people, 1208 animals were washed away and 154 schools were destroyed. 

Disaster-hit areas in the Northern and Western Provinces have been put at risk, and a campaign has been launched to find shelters for the people and to rehabilitate the banks of the Sebeya river which has been flooded.

KT Press wrote that until December 2024, the people affected by the disaster are still dealing with its consequences and trying to rebuild themselves, but they are still struggling.

 In terms of infrastructure, roads are damaged, bridges are collapsing and hurricanes are causing more damage. The government collected 110 billion Frw to repair the damage. 

Rwanda indicates that $451 million will be spent over a period of five years, that is, until 2028. 

It is shown that the reconstruction funds amounting to 0.6% of the country's gross domestic product will be used to build basic structures such as construction, agriculture and public infrastructure.

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