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Finance minister Yusuf Murangwa on Thursday, June 12, presented the national budget for the 2025/2026 fiscal year, announcing the government’s plan to spend over Rwf7 trillion starting July 1. This marks a 21 percent increase from the 2024/2025 budget, reflecting the government's shift in priorities and ambition. ALSO READ: Six highlights of Rwanda's 2025/26 budget At the heart of the expanded budget is a bold strategy to accelerate economic transformation and advance good governance, alongside other key national development goals. Here is what different Rwandans think about the new budget: Deexon Muhizi, the founder of Igitree, a genealogy platform. This budget is a game-changer for the startup ecosystem. As a young nation with an equally young innovation scene, we’ve long depended on international grants and loans. But with the government now investing in domestically funded projects, it will be easier for startups to access capital and grow. ALSO READ: Rwanda adjusts budge...

President Donald Trump has raised alarms over the fiscal consequences that could arise if his ambitious legislative package, known as the 'One Big Beautiful Bill' , does not gain approval. This extensive spending and tax package, which has already passed the Republican-controlled House of Representatives, encapsulates many of Trump's key priorities. Central to the bill is the permanence of the 2017 tax cuts, a cornerstone of Trump's economic agenda. The 2017 tax cuts, enacted through the Tax Cuts and Jobs Act (TCJA) , are set to expire after 2025. Trump's assertion of a looming tax hike appears to be directly tied to the future of these fiscal policies. By making these cuts permanent, the bill aims to avert a tax increase that could impact American taxpayers. The President's backing of the current package comes with expectations of some adjustments to ensure its passage. Republicans are employing the budget reconciliation process to...