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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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COVID-19 Crisis: Parliament Starts Process To Amend NSSF Act To Allow Members Access Part Of Their Savings

Parliament has embarked on the process of amending the National Social Security Fund (NSSF) Act to allow members access a part of their savings amidst the Coronovirus pandemic. Speaker of Parliament, Rebecca Kadaga today directed both the Parliamentary Committees of Finance and Gender to expedite the process of scrutinizing the NSSF

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