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Finance minister welcomes Japanese debt rescheduling

    NAIROBI

    Rwandan Finance Minister Donald Kaberuka has hailed the rescheduling by Japan on Thursday of over US $8.25 million of Rwanda's debt. Japan's ambassador to Rwanda, Morisha Aoki, said in a statement that the rescheduling would help alleviate Rwanda's financial and economic imbalance, and prop up its enhanced adjustment facilities signed with the IMF last year. Kaberuka welcomed Japan's assistance, but renewed calls for
    increased donor assistance, saying Rwanda's recovery is still crippled by its foreign debt, amounting to $1.2 billion.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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