Wednesday, December 22, 2021

Gov’t withdraws UGX386Bn loan request for oil roads

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has withdrawn from parliament a loan proposal of 386 Billion Shillings that was meant to finance the upgrading of oil roads in the Albertine graben. The roads include the 54-kilometre Masindi-Biiso road, 25 kilometres of Hohwa-Nyairongo-Kyarushesha-Butole road, and 25.7 kilometres of Kabaale-Kiziranfumbi road. The loan equivalent …

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