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Synopsis: Public investment prioritization for Rwanda's agricultural transformation: Benefits of an increase in public spending on agriculture under PSTA4

Author

Listed:
  • Aragie, Emerta
  • Diao, Xinshen
  • Spielman, David J.
  • Thurlow, James
  • Mugabo, Serge
  • Rosenbach, Gracie
  • Benimana, Gilberthe

Abstract

Although public spending under the fourth Strategic Plan for the Transformation of Agriculture 2018– 2021 (PSTA 4) is generally well structured and cost-effective, funding has been largely stagnant— and even declining, when measured in constant prices—during PSTA’s first four years. This note summarizes the effects of a modest reallocation of public spending under PSTA 4 towards greater cost-effectiveness, as well as a modest increase in PSTA 4 spending. Results draw on an economywide modeling tool designed to prioritize public resources around four key development goals: economic growth, employment creation, poverty reduction, and diet quality improvement.

Suggested Citation

  • Aragie, Emerta & Diao, Xinshen & Spielman, David J. & Thurlow, James & Mugabo, Serge & Rosenbach, Gracie & Benimana, Gilberthe, 2022. "Synopsis: Public investment prioritization for Rwanda's agricultural transformation: Benefits of an increase in public spending on agriculture under PSTA4," Rwanda SSP policy notes 5, International Food Policy Research Institute (IFPRI).
    • Handle: RePEc:fpr:rssppn:5
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