On May 24, 2017, the Minister for Planning, David Bahati, tabled motion for a resolution of Parliament to authorise government to increase the share capital of Housing Finance Bank, saying it would enable the bank expand mortgages in line with government policy, and to deal with other capital requirements set by Bank of Uganda. But MPs on the finance committee punched holes in the capitalisation dream, and by the time Bahati woke up, he had to contend with a minority report that left more questions than Bahati could answer. The minister opted out. David Bahati, the state minister for planning,…
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