Rwanda’s Finance Minister announced plans for significant external borrowing of 1.318 tln francs for the fiscal year starting in July, complemented by domestic borrowing and financial assets drawdown totaling 232.3 bln francs. External grants are expected to contribute 725.3 bln francs. The budget includes 3.466 tln francs for recurrent expenditures and 1.992 tln francs for development spending.