stuff http://deepcreekflyfishers.org/media/sourcecoast/themes/scsocialstream/default/twitter.php geneva;”>The elaboration process was launched in February 2012 by President Paul Kagame.
The EDPRS2 was developed through a participatory approach that included wide consultations with the public and various stakeholders.
Chaired by Kagame at Urugwiro Village on Thursday, the Cabinet reiterated the need to adopt the strategy to transform the lives of Rwanda.
The strategy follows the successful implementation of EDPRS I (2008 – 2012) which registered what has been termed as a “unique hat trick” of high growth (8.2 percent), poverty reduction and reduction in inequality.
Rwandan officials and World Bank say this resulted in more than one million people being lifted out of poverty and made important strides towards the achievement of the Vision 2020 and the Millennium Development Goals (MDGs).
EDPRS2 is set to be achieved through accelerated growth averaging 11.5 percent from 2013 to 2018 and reduced poverty from 44.9 percent to 30 percent over the same period.
Cabinet said these targets would be achieved through four thematic areas and foundational issues that include economic transformation, rural development, productivity and youth employment as well as Accountable Governance.
However, observers fear Rwanda’s economic growth could be hampered by recent western aid suspension.
Several western countries slashed or suspended foreign support to Rwanda over the DRC crisis.
UK restored aid but said it would go through civil groups in Rwanda, a move Kigali described as unfortunate.
The EDPRS2 strategy aims at putting a strong focus on growing the private sector, increasing exports, urbanization and rural development, increasing agriculture productivity, creating jobs especially for the youth and improving efficiency in service delivery in both public and private sectors.