Uganda to Borrow €500M from Afreximbank, Ecobank, DBSA for Infrastructure Projects
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Uganda To ‘Urgently’ Borrow Shs2 Trillion Amid Ballooning Public Debt » Business Focus
Minister of Finance, Matia Kasaija Parliament has approved a government proposal to borrow EURO 500 million (about UShs2 trillion) to finance the 2024/25 budget that is one month away from ending. The loan request was tabled by Minister of Finance, Matia Kasaija during parliament’s plenary session that marked the end of the fourth year of parliament. Kasaija said Government will borrow up to EURO 270 million from African Export-Import Bank (AFRE…
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