The country’s commitment to agriculture, is reflected in the budget allocation to this sector. The CAADP expenditure target of 10% budget allocation and 6% annual agriculture productivity growth remain with fluctuated targets. During the period 2014 and 2015, the agriculture growth rate varied between 5% and 6% and it is projected to be 5.1% for 2016. The agricultural growth and other related achievements, therefore need to be sustainable over a long period to address food insecurity and poverty affecting the Rwandan population of which the majority is women smallholder farmers. This policy brief aims to give key highlights from a critical comparative analysis of the 2015/2016 Annual Budget in order to identify the gaps and inform the public financing in the agriculture sector. Findings show also the extent to which the agriculture financing responds to CAADP budgetary targets as well as smallholder farmer’s priorities.