Project Data Last Updated: 11/03/2019
IATI Identifier: GB-1-204495
The UK will provide up to £32m (2017 – 2023) to support TMEA's Strategy 2 (S2), which aims to remove trade-related barriers to inclusive growth in Rwanda and the East African Community (EAC). Rwanda is one of the most expensive and time consuming trade destinations in the world, suffering from high transport costs, inefficient logistics services and poor infrastructure. While TMEA S1 made good progress in reducing these barriers, continued support in S2 is needed to translate the transport time savings to date into sustained cost reductions and growth benefits for Rwandans. S2 will: i) tackle hard and soft barriers to trade (e.g. improving transport infrastructure and export standards); and ii) enhance Rwanda's trade competitiveness (e.g. improving capacity of Rwandan exporters and increasing the efficiency of logistics services). Expected results by 2023 include: (i) 0.3% GDP growth above trend; (ii) 300,000 jobs; US$90m net welfare gain for producers and consumers in Rwanda.
Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.
A comparison of forecast spend and the total amount of money spent on the project to date.