World Bank
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News
How World Bank grant for women empowerment was misallocated
The Public Accounts Committee (PAC) has raised concerns over the utilisation of a Shs803 billion World Bank grant intended for…
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Business
African economies projected to grow by 3.4 % in 2024-report
Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due…
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Africa
Developing countries paid record $443.5 billion on public debt in 2022 – report
Amid the biggest surge in global interest rates in four decades, developing countries spent a record $443.5 billion to service…
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News
IMF, World Bank Announce $4.5 Billion in Debt Relief for Somalia
The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved the…
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Business
Duplication of activities worries MPs as agriculture ministry seeks $325m World Bank loan
Lawmakers sitting on Parliament’s National Economy Committee have expressed concern over the duplication of activities in the $325 Million (Shs1.232…
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Finance
Govt in talks with World Bank – Minister Musasizi
Minister of State for General Duties Henry Musasizi has revealed that government and World Bank are engaged in heavy negotiations…
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Business
US govt warns businesses against investing in Uganda
The Departments of State, Labor, Health and Human Services, Commerce, and the U.S. Agency for International Development have warned its…
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Features
World Bank should stop making unilateral decisions affecting citizens of member countries
Editor, on August 9, 2023, Uganda’s President Yoweri Museveni denounced the World Bank’s decision to halt any new loans to…
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News
MPs scorn World Bank following loans ban
A section of legislators has vowed not to relent in their stand against homosexuality amidst threats of halting financial support…
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News
World Bank unfair to deal with Uganda subjectively – experts
Economics experts in Uganda are saddened by the World Bank’s decision to halt the approval of new public finance projects…
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