Uganda plans to borrow nearly $2 billion to fund 2020/21 budget

Uganda plans to borrow nearly $2 billion to fund 2020/21 budget

Uganda plans to borrow nearly $2 billion to fund 2020/21 budget

Uganda said it plans to borrow $1.89 billion from external lenders in the 2020/2021 (July-June) fiscal year to partly finance its budget, which could come under pressure as veteran leader Yoweri Museveni seeks re-election.

For more information, please see https://www.reuters.com/article/us-uganda-debt/uganda-plans-to-borrow-nearly-2-billion-to-fund-2020-21-budget-idUSKBN1YY0KV

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