Report: it will take 94 years for Uganda to repay debt stock
The 600MW- Karuma Hydropower project that is under construction. The government has acquired several loans from financial institutions such as the World Bank to fund construction of infrastructural projects.
PHOTO|FILE
What you need to know:
The Members of Parliament warned that Uganda’s risk of rolling over the external debt to different generations was increasing as long as the country continues to source for more loans.
