World Bank
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Business
Museveni, World Bank discuss financing and strategic support for Uganda’s SGR and agricultural industrialization
President Yoweri Museveni has welcomed renewed financial and technical support from the World Bank for Uganda’s development ambitions, particularly the…
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News
World Bank tasks government to prioritise safety in Greater Kampala road projects
The World Bank has urged the Ugandan government and contractors to prioritise safety, environmental protection, and social safeguards in ongoing…
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Business
Parliament to deliberate UGX 8.287 trillion loan bonanza for infrastructure, social projects next week
Uganda’s Parliament is poised to deliberate a colossal UGX 8.287 trillion (approximately USD 2.22 billion) in new loan proposals next…
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Business
Uganda assures ‘solid’ ties with IMF, World Bank; eyes new credit & investment boom
The Permanent Secretary and Secretary to the Treasury (PSST) in the Ministry of Finance, Planning, and Economic Development, Ramathan Ggoobi,…
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Health
World Bank rejects Uganda’s bid to repurpose COVID-19 funds for stalled health projects
The World Bank has rejected Uganda’s request to redirect COVID-19 grant funds toward completing stalled health infrastructure projects, Minister of…
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Uncategorized
Gov’t seeks UGX 1.051 trillion supplementary budget for 2024/25
The Ugandan government has submitted a request to Parliament for a supplementary expenditure of UGX 1.051 trillion for the 2024/25…
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Education
Speaker orders investigation into corruption, nepotism in seed secondary school recruitment
Speaker Anita Among has called for a comprehensive investigation into allegations of corruption, nepotism, and the hiring of unqualified teachers…
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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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