President Kagame today officiated the swearing in ceremony of newly appointed Minister of Public Investments and Privatization, Eric Rwigamba and Minister of State in the Ministry of Agriculture and Animal Resources Ildephonse Musafiri.
The swearing-in ceremony took place at Parliament building this afternoon.
The two ministers were appointed by the President on July 30.
At the swearing inceremony, President Kagame congratulated the new leaders on their inauguration and wished them success in their new roles.
He said the new Ministers will draw on a wealth of experience gained from previous roles.
Only their roles have changed, but their mission remains the same: to work for the country's development.
"Trade, investments, and agriculture are critical pillars of our country's development," the President insisted.
They will also be critical enablers in the economic recovery from the Covid-19 impact."
The President added that “the new Ministry of Public Investments and Privatization will oversee how public business entities perform, and where possible, fast-track on how they can be privatized, and some should be privatized."
The new ministry, led by Mr. Eric Rwigamba, will focus on profit-oriented public investments while identifying opportunities for the government new investments.
Privatization was handled by the Rwanda Development Board until the creation of the new ministry.
President Kagame insisted that the government's role is not to run businesses, but rather to create an environment conducive for business success.
Agriculture, according to the Head of State, is a critical component of the country's economy and Rwandans' livelihoods.
Agriculture, on the other hand, must be transformed in order for Rwanda and Rwandans to be food secure.