Government borrowing in Uganda Archives

Uganda Parliament approves UGX1.7 trillion loan request

CEO ReporterNews & AnalysisNovember 4, 2022November 4, 2022

Members of Parliament have approved a request by the government to borrow $464 million (about UGX1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the…

Parliament Approved Loans Worth UGX 18.6 Trillion in 2020, report says

URNBanking & Financial ServicesJanuary 5, 2021January 5, 2021

Last year Parliament approved loans to the tune of UGX18.69 trillion, according to the report detailing the business transacted by the House in the year 2020. The approved loans are…

Govt to Borrow UGX 1.4 Trillion to Fast-Track Pledge on Seed Schools, Health Centres

URNBanking & Financial ServicesNovember 25, 2020November 25, 2020

Information obtained from the World Bank website indicated that Uganda will receive up to $240 million (about UGX889 million) which will be paid back in 35 years with a grace…