Uganda: Govt Seeks Shs843bn Loan to Upgrade 137km Jinja-Bukungu Road Network

Uganda: Govt Seeks Shs843bn Loan to Upgrade 137km Jinja-Bukungu Road Network

The government has asked Parliament to approve a €207.77 million (about Shs843 billion) loan from Citi Bank and other international financial institutions to upgrade roads in the Busoga sub-region.

Uganda Seeks $243m Citibank Loan for Eastern Roads

Uganda is pursuing a $243 million financing facility from Citibank to upgrade critical road infrastructure in the eastern region, aiming to enhance regional trade connectivity. The post Uganda Seeks $243 Million Citibank Loan for Eastern Road Upgrade appeared first on Business Elites Africa.

Government seeks fresh €207.77m loan for Jinja–Bukungu road already approved last year

State Minister for Finance Henry Musasizi before Parliament’s Committee on National Economy. PHOTO/File The government is again before Parliament seeking to borrow for the long-promised Jinja–Mbulamuti–Kamuli–Bukungu road — but the request raises questions, because a larger loan for the same road was tabled and reportedly approved more than a year ago. State Minister for Finance Henry Musasizi, accompanied by Works and Transport Minister Fred By…

Govt seeks Shs842.7b loan for Jinja-Kamuli-Bukungu road

Finance Minister Henry Musasizi, accompanied by State Minister for Works and Transport Fred Byamukama, presented the loan request to the Parliamentary Committee on National Economy on Wednesday. The post Govt seeks Shs842.7b loan for Jinja-Kamuli-Bukungu road appeared first on The Source Reports.