Posted inEconomics

Uganda seeks $2.2 billion in new loans

KAMPALA, Uganda— Uganda’s government is seeking parliamentary approval to borrow an additional 8.28 trillion shillings (approximately $2.2 billion) from domestic and international lenders, a move that would further balloon the nation’s public debt. The loan requests, scheduled for consideration on Monday, come as data from the Finance Ministry showed Uganda’s total public debt reached 116.2 […]

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