Gov’t of Uganda seeks Parliament nod to borrow UGX3.5 trillion (USD 935 million) in one day
Parliament of Uganda in Kampala. The House has approved a loan meant to finance infrastructure and development needs of the budget
The Finance State Minister, Hon. Henry Musasizi on 1st November 2022 asked Members of Parliament to approve up to UGX3.5 trillion in new borrowing to finance Uganda’s 2022/23 UGX48.1 trillion budget, which he said was facing significant shortfalls.
The first loan request which is up to USD464 translating to about UGX1.7 trillion is to be sourced from the Standard Chartered Bank.
In documen
beylikdüzü escort,istanbul escort,beylikdüzü escort,ataköy escort,esenyurt escort,avcılar escort,bakırköy escort,esenyurt escort,esenyurt escort,avcılar escort,beylikdüzü escort