Synopsis: Public investment prioritization for Rwanda's agricultural transformation: Benefits of an increase in public spending on agriculture under PSTA4
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International Food Policy Research Institute
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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.
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public investment, investment, agriculture, spending, benefit-cost ratio, policies, expenditure, cost benefit analysis, capacity development