Uganda Development Bank, the country’s National Development Finance Institution, has today released its 2021 Direct Impact Report highlighting the fundamental role that the Bank continues to play toward Uganda’s sustainable socio-economic transformation and growth. This Direct Impact Report reflects UDB’s work and coverage through job creation, output value, forex, and tax generated by enterprises supported by the Bank. “In the intervening period, the Bank’s investment created and maintained a total of 41,338 jobs, and a total output value of UGX 2.445 trillion was realized. This output value contributed UGX84 billion in form of tax revenue to the government, and forex…
UDB releases 2021 Direct Impact Report, anchors strong sustainable and inclusive growth

Dr. Francis Mwesigye (right), the Director Economic Research and Knowledge Management at Uganda Development Bank speaking during the launch of the report. Left is Sumin Namaganda, the Bank's Senior Manager Corporate Affairs




