Uganda Receives UGX117bn COVID-19 Loan from African Development Fund

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Uganda has received a US$ 31.6m (UGX116.7 billion) loan from the African Development Fund (ADF) to help in the response to the Coronavirus (COVID-19) pandemic. In a statement sent out on Sunday afternoon, the ADF, which is a concessional funding arm of the African Development Bank Group, said the “funds are designed as budget support within the framework of the Bank Group’s COVID-19 Crisis