Posted inEconomics

IMF approves Shs3.5 Trillion Covid-19 relief for Uganda

The International Monetary Fund (IMF) on Monday approved a 36-month arrangement under the Extended Credit Facility (ECF) for Uganda amounting to $1 billion (about Shs3.5trillion) to help in mitigating the effects of Covid-19. The arrangement is also meant to boost COVID-19 recovery and the authorities’ plan to increase households’ incomes and inclusive growth by fostering private […]

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