Parliament okays govt to borrow another Shs 1.2tn for roads
Loans
Source: observer.ug
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Uganda turns to local market for funding after freeze
Officials said the Uganda Treasury is rethinking its fiscal strategy to increase domestic revenue collection and reduce borrowing among others.
Source: theeastafrican.co.ke
Uganda turns to local pension funds for funding after being blocked by World Bank
Uganda is turning to local pension funds as a survival measure following external freezing of funding from the World Bank.
Source: thecitizen.co.tz
PDM, EMYOOGA MAGIC! Minister Babalanda tips Buvuma residents on how to escape poverty
The Minister for the Presidency, Hon. Babirye Milly Babalanda has handed over a speed boat to the Office of the Resident District Commissioner (RDC) in Buvuma District. During the handover event in Buvuma on Friday, Hon. Babalanda said the boat should help the Office of the RDC to monitor government programs and mobilise the masses
Source: redpepper.co.ug
FURY as gov't moves to borrow from Kenyan money lenders to finance budget
Lawmakers on the joint Parliament Committees of National Economy and Finance were left furious after discovering that the Government is set to borrow Euro500M equivalent to Shs2.008Trn to finance the 2023/2024 national budget. This followed the tabling of three loan requests by the Minister of State for Finance (General Duties) Henry Musasizi in which the
Source: redpepper.co.ug