Posted inEconomics

Ugandan Parliament set for special sitting over Shs2.17 trillion borrowing

Parliament will next Tuesday reconvene for a special sitting that could further stretch Uganda’s already tight fiscal position, as lawmakers are asked to approve new borrowing totalling more than Shs2.17 trillion. The December 16 sitting comes against a backdrop of mounting concern over the government’s reliance on debt to finance infrastructure and recurrent pressures, barely […]

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