By Clement Uwiringiyimana KIGALI (Reuters) - Rwanda has proposed budget revisions for 2014/2015 making its deficit 66 percent bigger than forecast at 295.6 billion Rwandan francs ($431.53 million) due to delays in some aid, the finance minister said. Foreign aid accounts for almost 40 percent of Rwanda's budget resources, although the east African nation is trying to reduce aid dependency of its largely agrarian economy by drawing in service industries and creating a financial hub. Finance Minister Claver Gatete asked parliament on Wednesday to lift spending to 1,759.6 billion francs from an originally forecast 1,753.3 billion francs and said the deficit would rise to 295.6 billion francs from 177.7 billion francs. He said the bigger gap for the financial year that began in July 2014 was caused by delays in some aid payments from donors, which he said faced demands from other poor or war-torn nations. "They promised to disburse the aid in the next budget and therefore it affected our budgeting," he told parliament, adding the government was not cutting spending fully in line with the fall in resources and was protecting priority public services. Parliament, dominated by the ruling party of President Paul Kagame, approved the proposal. It will now be reviewed by a budget committee before going to a final vote. The financing gap had been forecast to be 3.1 percent of gross domestic product in 2014/2015, down from 5.3 percent in 2013/14. The new deficit ratio was not immediately clear. Gatete said the government said the deficit would be covered by domestic and foreign borrowing. Rwanda launched its debut Eurobond in 2013, and the minister said in October it was working on another to help finance new infrastructure. The economy of Rwanda, which was brought to its knees by the 1994 genocide, has grown strongly in recent years. Growth slipped to 4.6 percent in 2013 from 7.3 percent in 2012 when some donors halted aid in a row over Rwanda's alleged support for rebels in Democratic Republic of Congo, a charge Kigali denied. Both sides later said aid flows had resumed. The International Monetary Fund projected the economy grew by 6 percent in 2014 and would expand by the same rate in 2015. ($1 = 685.0000 Rwandan francs)