Uganda: Government to Borrow Shs2.4 Trillion to Fund Budget

5 December 2019

Government has presented to Parliament a request to borrow up to 600 million Euros (about Shs2.46 trillion) to fund deficits in the Budget for the current Financial Year 2019/2020.

The request was submitted during the House sitting yesterday, just five months into the financial year whose total budget estimates stand at Shs40.5 trillion.

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