Overview:

Musasizi said this 25th year is a special milestone for the Government of Uganda and Citibank. He also congratulated Citibank upon signing its first project loan with the Government of Uganda. This project loan is worth Euro 126.44 million and will fund the construction of  Lusalira-Nkonge-Lumegere-Ssembabule Road (97km).

State Minister for Finance (General Duties) has called upon Citibank Uganda to continue innovating and adapting to emerging trends, strengthening partnerships with government and private sector as well as prioritizing sustainability and social responsibility.

The minister made the remarks on Friday while officiating at Citi’s Silver Jubilee celebrations (25 years) at Protea, Kampala hotel.

“The Government of Uganda remains committed to maintaining macroeconomic stability, improving the business environment, and supporting the growth of the financial sector,” said the Minister.

Musasizi said this 25th year is a special milestone for the Government of Uganda and Citibank. He also congratulated Citibank upon signing its first project loan with the Government of Uganda. This project loan is worth Euro 126.44 million and will fund the construction of  Lusalira-Nkonge-Lumegere-Ssembabule Road (97km).

The Minister commended Citibank for investing in innovative technologies that have positioned it as the World’s best digital bank, as published in the 2024 Euro Money Awards.

Citibank CEO and Managing Director, Sarah Arapta, said it has been a journey of unwavering commitment to fulfilling Citi’s mission to serve as a trusted partner to their clients by responsibly providing financial services that enable growth and progress.

She thanked the government of Uganda and the President for providing a conducive business and investment climate for sustainable economic growth, innovation and fair competition.