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IMF boss in Rwanda for talks on climate funding
11:47 CAT | 26 Jan 2023
Photo: Twitter / @KGeorgieva
The International Monetary Fund’s director has arrived in Rwanda for a two-day visit to “support building resilience on climate”.
Kristalina Georgieva is expected to attend a roundtable discussion on climate change financing with East African finance ministers and governors of central banks, the East African newspaper reports.
She announced on Twitter that she was looking forward to “hearing local and regional perspectives on how the IMF can be even more helpful – especially in boosting climate resilience”.
Ms Georgieva is visiting after the IMF, under a new facility, approved a $319m (£258m) fund to Rwanda, the first African state to get the fund to build climate change resilience.
The Rwandan opposition has questioned the government’s transparency in the use of international aid and loans.
President Paul Kagame has however recently said that the government “efficiently uses every coin” of the aid from its partners.
Ms Georgieva arrived in Rwanda from Zambia.
A pleasure to see @PaulKagame again, now in Kigali. We had very fruitful discussions on the outlook for the region & more. Commended Rwanda’s commitment to fighting climate change & being the first African country to access the IMF’s RST to build resilience to climate change. pic.twitter.com/RHkJ3boHwP
— Kristalina Georgieva (@KGeorgieva) January 25, 2023
Thank you #Rwanda 🇷🇼 for hosting our discussion w/ #EAC policymakers in #Kigali. Nature has spoken: climate change is here & shocks will continue, impacting us all. The positive today is we are discussing solutions—so
this is just the start of our conversation, not the end. [1/2] pic.twitter.com/IfDEZVfPRu— Kristalina Georgieva (@KGeorgieva) January 25, 2023
Source: BBC
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