Boston, 22 September 2012

President Kagame on Saturday chaired the second Presidential Advisory Council (PAC) meeting of the year in Boston. PAC members discussed media reports that give Rwanda a bad image, Investments, tapping into the potential and interest of Chinese investors so as to harness Rwanda’s progress. Formed in September 2007, the 23 member council also discussed development and the economic situation in the world, and looked at ways of increasing public and private investments so as to achieve vision 2020.

The Minister of Finance, John Rwangombwa said:

“We discussed issues like the international media reports, mostly by people who don’t understand Rwanda and what we can do to ensure people know what Rwanda is and what it stands for so as to mitigate this and minimize on negative reporting due to misconception.”

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Michael Fairbanks said that China has to grow in order to stay peaceful, and China’s growth depends on investing in Africa, enhancing Africa markets by delivering basic requirements for growth.

As is the practice, discussions at PAC are aimed at identifying new and practical interventions that continue to drive Rwanda’s socioeconomic development, particularly in meeting Rwanda’s Economic Development and Poverty Reduction Strategy, Vision 2020 as well as the MDGs.