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IMF Approves Shs1.8 Trillion COVID-19 Support To Uganda

The Executive Board of the International Monetary Fund (IMF) approved Wednesday a disbursement of SDR361 million (about US$491.5 million or Shs1.86 trillion) for Uganda under the Rapid Credit Facility (RCF). It will help finance the health, social protection and macroeconomic stabilization measures meet the urgent balance-of-payments and fiscal needs arising

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