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Nov 2022 1 result
07:45
07:45

MPs Demand Detailed Expenditure Plan for UGX 1.75 Trillion Loan 1

The lawmakers demanded to know why the Ministry of Finance didn’t approach the lenders directly instead of using Standard Chartered Bank to obtain the loan facility before they faulted the Ministry of Finance for 'bad negotiation' for the 1.750 trillion Shillings loan that attracts a 10 per cent (175.080 billion Shillings) insurance premium cost paid upfront for the 10-year duration repayment period.
Nov 2022 1 result