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Budget: Energy sector faces 90% deficit

The Energy Development Corporation Limited (EDCL) was allocated around 10 per cent of the funding they needed this year to generate energy in a bid to achieve the universal access to electricity by 2024, the Rwanda Energy Group (REG)’s Chief Executive has said.

With such funding deficit, some Members of Parliament said it would be impossible for the country to attain the energy target under the first phase of the National Strategy for Transformation (NST1) – a seven year Government programme that runs from 2017 through 2024.

Read more: The New Times

 


 

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