Warning: Undefined array key "options" in /home/ritetvug/public_html/wp-content/plugins/elementor-pro/modules/theme-builder/widgets/site-logo.php on line 194

Govt to borrow Shs2.4t for roads, climate-smart agriculture

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Government has tabled before the committee a request to borrow up to shs 2.4trillion from different financial institution to finance part of its budget . According to Mr Matia Kasaija the minister of finance,planning and economic development, the Government will borrow shs 1.3trillion from the Islamic Development bank, and 136million from the Organization of oil exporting countries(OPEC) fund for international development for upgrading the national  road project in Uganda

He adds, the Government will borrow shs 1.5 trillions and receive grant shs 85billions from the international Development association of the world bank group to finance the climate smart Agriculture transformation

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Comment

Your email address will not be published. Required fields are marked *

Recent News

Editor's Pick