EDPRS1 stands for the Economic Development and Poverty Reduction Strategy 1. It is a development strategy implemented by the government of Rwanda from 2008 to 2012.
EDPRS1 aimed to transform Rwanda into a knowledge-based economy and reduce poverty. The strategy focused on four main pillars: economic transformation, rural development and agricultural modernization, productivity and youth employment, and accountable governance.
Under the economic transformation pillar, EDPRS1 aimed to promote private sector-led growth by attracting investments, improving business environment and infrastructure, and facilitating trade. It also aimed to diversify the economy by promoting sectors such as industry, services, and information communication technology.
In the rural development and agricultural modernization pillar, the strategy aimed to enhance food security, increase agricultural productivity, promote commercial farming, and improve rural infrastructure and access to essential services.
The productivity and youth employment pillar aimed to address unemployment and underemployment, especially among the youth, by increasing access to skills development, promoting entrepreneurship, and creating job opportunities.
Lastly, the accountable governance pillar aimed to build strong institutions, promote the rule of law, enhance public sector accountability and transparency, and ensure citizen participation in decision-making processes.
Overall, EDPRS1 was designed to guide Rwanda's development efforts, with a strong focus on poverty reduction, sustainable growth, and equitable development.
Explain EDPRS1
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