Parliament in June 2020 discussed and forwarded up to 10 loan requests worth UGX2.5 trillion for consideration to the National Economy committee in the wake of the Coronavirus (COVID-19).The 2.5 trillion or US$674 million comes just a month after Parliament approved 2.9 trillion shillings to mitigate the effects of COVID-19. According to documents seen by Uganda Radio Network -URN, the 10 loan requests were introduced by the Ministry of Finance to Parliament in the month of June alone. The requests were made as follows; on June 17th, a loan request of UGX628 Billion from the International Development Association (IDA) of…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
