Posted inEconomics

World Bank, AfDB and China hold biggest share of Uganda’s Shs85 trillion external debt

KAMPALA. Multilateral financial institutions hold the largest share of Uganda’s US$23.9 billion (about Shs85 trillion) external debt, accounting for more than half of the country’s public and publicly guaranteed foreign obligations, as government continues to depend on a mix of development partners and private creditors to finance its development programmes. The World Bank’s International Debt […]

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