Rwanda received $109.4 million funding to support war against COVID-19 in April, 2020. The money was approved on thursday, April 2, 2020 and was disbursed through the rapid credit facility (RCF). The funds are meant to support Rwanda’s efforts in mitigating the economic impact of COVID-19 by backstopping decline of international reserves and provide budget financing for increased spending.
More on this news can be found on the link below
