Govts seek funding solutions to sustain donor-funded projects
Govts seek funding solutions to sustain donor-funded projects Tuesday January 19 2021 The UK government suspended funding for the regional electronic cargo tracking system last year. PHOTO | FILE | NMG Summary The region has relied heavily on donor funding to implement several key infrastructure projects in the transport (rail, roads, and aviation), energy and water sectors amid persistent budget deficits, declining revenue collections and ballooning debt levels. However, with a reduction in donor funding, countries need to rethink their financing options or else suffer setbacks due to stalle...
Source: theeastafrican.co.ke