IMF Director Georgieva Arrives in Rwanda to Support Climate Resilience Building

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International Monetary Fund (IMF) Director Kristalina Georgieva has arrived in Rwanda for a two-day visit to support building resilience on climate change.

The trip includes a roundtable discussion with East African finance ministers and central bank governors on financing for combating climate change.

Georgieva took to Twitter to express her excitement about the visit, stating that she is looking forward to hearing local and regional perspectives on how the IMF can be even more helpful, particularly in boosting climate resilience.

Rwanda recently became the first African country to receive a $319 million fund from the IMF to increase resilience to climate change, under a new facility.

However, despite President Paul Kagame’s assurance that the government effectively uses every coin of the assistance received from its allies, the use of foreign loans and aid by the Rwandan administration has drawn criticism from the opposition.

This visit comes as Georgieva is traveling from Zambia to Rwanda.

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Joseph Omoniyi

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