IMF Gives Uganda UGX 3.5 Trillion Loan

Comments 537 Views
IMF headquarters in Washington

IMF headquarters in Washington

In short
This is the second loan that Uganda is taking from the IMF since the outbreak of the Covid-19 pandemic. Uganda last year borrowed USD 491.5 million roughly 1.7 trillion Shilling under the Rapid Credit Facility, a programme that provides access to rapid and concessional financial assistance to Low-Income Countries facing urgent balance of payments needs.

 

IP: 18.204.48.64. Referrer: . FirstClickFree: 0. Clicks by IP: ?. Clicks by cookie: ?.