Parliament has approved a US$70 million loan for the construction of a state of the art facility to house the Uganda Heart institute. A loan request brought by government to collectively borrow US$70 million from the Arab Bank for Economic Development in Africa, Saudi Fund for Development and the Opec Fund for International Development sailed through following unanimous approval from Members of Parliament. Parliament’s Committee on National Economy scrutinized the loan request and approved it with recommendations. “…the committee therefore, recommends that the request by government to borrow [up to $70 million] for the construction and equipping of the Uganda…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!