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U.K. to Give Rwanda $536 Million in Budget Support Over 4 Years

March 4 (Bloomberg) -- The U.K. plans to provide Rwanda with 330 million pounds ($536 million) of budget support over the next four years, according to an e-mailed statement from the Kigali-based Ministry of Finance and Economic Planning.

The information was confirmed by the U.K.’s Department for International Development in Rwanda.

Payments will rise from 60 million pounds in the 2010-11 financial year to 90 million pounds in 2014-2015, according to the statement.

To contact the reporter on this story: David Malingha Doya in Kigali via Nairobi at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net.

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