Finance

Parliament Approved Loans Worth UGX 18.6 Trillion in 2020, report says

by URN
Following the approval of the draft budget, government will go ahead to incorporate recommendations by parliament and present the final budget in March 2023
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Last year Parliament approved loans to the tune of UGX18.69 trillion, according to the report detailing the business transacted by the House in the year 2020.  The approved loans are up from the UGX6.15 trillion that legislators approved in 2019.According to the report, 17 loan request proposals authorizing government to borrow were approved. These were tabled by government through the M

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