Members of Parliament have raised concerns over the debt sustainability of Uganda after Ministry of Finance appealed to Parliament to approve an additional Shs2.319Trn loan request to cover revenue shortfall in the 2020/21 Financial Year. This is after State Minister for Finance-General Duties, Gabriel Ajedra (pictured) today tabled seven fresh loans before
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Mumba Kalifungwa, Managing Director of Absa Bank Uganda The Africa Financial Markets Index 2020 conducted by Absa Group together with The Official Monetary and Financial Institutions Forum (OMFIF) to gauge financial markets performance of selected countries has ranked Uganda 10th, the same position the country held the previous year.
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