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UN to mobilize over $1 billion to support Rwanda’s NST-2 implementation

By IGIHE
On 18 December 2024 at 04:09

The United Nations has committed to mobilizing over US$1 billion to support the implementation of Rwanda’s National Strategy for Transformation (NST2) through a new five-year United Nations Sustainable Development Cooperation Framework (UNSDCF).

This pledged was disclosed on December 16, 2024, during the One UN Steering Committee meeting, which brought together government officials, UN agencies, members of the diplomatic corps, civil society organizations, and representatives from the private sector.

The meeting focused on reviewing the UN system’s progress in delivering as one in Rwanda.

Yusuf Murangwa, the Minister of Finance and Economic Planning, commended the UN system in Rwanda for aligning its cooperation with the country’s medium and long-term strategies.

“The One UN Committee provides an opportunity to assess our progress and discuss the way forward, specifically how the UN will continue to align its interventions with our National Strategy for Transformation Two. This is about delivering as one—not just the UN system, but all of us working together,” he noted.

Ozonnia Ojielo, the United Nations Resident Coordinator for Rwanda, explained that the new UNSDCF aligns with Rwanda’s Vision 2050, NST2, and global commitments such as the Sustainable Development Goals (SDGs) and the African Union Agenda 2063.

It prioritizes, among others, economic and social transformation, as well as transformational governance, to foster inclusive, resilient, and sustainable development.

“Key focus areas include innovative financing, climate-smart growth, human capital development, and strengthened governance systems to promote peace and accountability,” she said.

The Joint One UN Committee aims to provide strategic direction and oversight for the UNSDCF, ensuring its alignment with national, regional, and international development processes, such as Vision 2050, the National Strategy for Transformation, and the Sustainable Development Goals.

Additionally, it connects with other processes like the Voluntary National Reviews and the Universal Periodic Review.

This platform also serves as an accountability mechanism for the Cooperation Framework, supporting the collective effort towards the 2030 Agenda.

Ozonnia Ojielo, the United Nations Resident Coordinator for Rwanda
Yusuf Murangwa, the Minister of Finance and Economic Planning, commended the UN system in Rwanda for aligning its cooperation with the country’s medium and long-term strategies.
The One UN Steering Committee meeting brought together government officials, UN agencies, members of the diplomatic corps, civil society organizations, and representatives from the private sector.

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