Under the leadership of the Minister of Finance and Economic Planning, the Government of Rwanda is using the INFF to ensure fiscal sustainability, promote stronger policy coherence for sustainable development, and provide the necessary tools to implement the National Strategy for Transformation and achieve the SDGs. Through the INFF, Rwanda will engage the private sector in driving Rwanda’s economic development by utilising tools and guidelines to align private sector investments to national priorities and the SDGs.
In addition, Rwanda will aim to mobilise a significant amount of resources by piloting innovative financing instruments, such as a blended finance facility, and green finance including a carbon trading facility and a green investment facility (Ireme). As a result, the INFF approach will contribute to promoting effective public, public-private and civil society partnerships.
Rwanda will also strengthen approaches to mainstream gender-responsive, climate-sensitive and pro-poor planning, budgeting, and innovative financing strategies. These activities will promote citizen engagement and participation in decision-making processes, especially in decentralized planning and budgeting, and will improve transparency.