50 per cent of Rwanda budget goes to growth plan

By Eugene Kwibuka

Government will spend 50 per cent of the planned Rwf1.6 trillion in the 2013/2014 fiscal year on strengthening drivers of economic transformation set out in the second Economic Development and Poverty Reduction Strategy (EDPRS II).

Finance minister Gatete (L)chats with Bernard Makuza, the Senate Vice president in charge of political affairs, before the session. The New Times/ Timothy Kisambira.

The Minister for Finance Amb. Claver Gatete disclosed this while presenting the Budget Framework to a joint session of Members of Parliament (Deputies and Senators) on Tuesday.

Amb. Gatete, told lawmakers that government plans to invest Rwf 818 billion in areas of economic transformation, rural development, productivity and youth employment, as well as accountable governance.

The government has identified the areas as the main pillars of EDPRS II, which seeks to fast-track the country’s progress towards attaining middle-income status by the year 2020.

“If we believe that this (EDPRS II) is a programme that is going to contribute significantly to Vision 2020 then we must show it by making sure that we make money available for this programme.

That’s why it has taken 50 per cent of the entire national budget for the fiscal year 2013/2014,” Amb. Gatete said in an exclusive interview with The New Times shortly after addressing parliament.

Thousands of protesters clash with police in Chicago: Chaos in the Windy City as 45 activists arrested and one cop stabbed after demonstrators target NATO

By DAILY MAIL REPORTER Thousands of demonstrators upset with the war in Afghanistan, climate change and the erosion of union rights have raised the intensity of a march in downtown Chicago on Sunday as world leaders assembled for a NATO summit. The protest, one of the city's largest in years, turned violent at the end of an anti-NATO march, where demonstrators confronted Chicago police, pushing against a line of officers several blocks from the lakefront convention center where President Obama hosted a gathering of world leaders. Authorities were seen making arrests one by one and leading individual demonstrators away in handcuffs. After a clash near McCormick Place, Chicago Police Superintendent Garry McCarthy said at a news conference that the protests resulted in 45 people being arrested and four officers suffering injuries - one from a stab wound in the leg. Scroll down for video Clash: Demonstrators try to flee the police as they are move in on them ...

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