BREAKING NEWS

Rwanda finance minister says aid cuts may dent economy

By REUTERS

DECEMBER 5, 2012 17:14

KIGALI, - Rwanda may have to cut its 2013 economic growth forecast if $240 million in international aid remains delayed or suspended, its finance minister said on Wednesday.

"If all the $240 million was withheld ... we might revise that projection down from 7.6 percent to 6 percent growth," Finance Minister John Rwangombwa told a conference in Kigali.

Major donors have withheld aid to the east African country over allegations it is supporting rebels in neighboring eastern Democratic Republic of Congo.

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