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Debt burden is an abuse of power

Daily Monitor Monday May 03 2021 Summary Ms Cissy Kagaba says: The problem is not that we are borrowing excessively but for wrong reasons.  Advertisement Uganda’s debt appetite has no end in sight. In December 2019, Uganda’s debt burden stood at about Shs49 trillion. In December 2020, it stood at Shs65.8 trillion. That is a Shs16.8 trillion increment. It is safe to say Ugandan’s now collectively owe Shs1.5m per person in debt, but how much of that money has directly gone to the people o...
Cissy Kagaba David Bahati Auditor General August Houses Universal Primary Secondary Education

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