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Business
We don’t have COVID-19 bailouts, says UDB
Of the sh444b, only sh242b has been disbursed to borrowers. In a statement, UDB has clarified that this was not a bailout package and they are expected to pay back.
We don’t have COVID-19 bailouts, says UDB
By: NewVision Reporter, Journalists @NewVision
The Uganda Development Bank (UDB) has said it has not received any funding from the government in form of bailout packages to struggling businesses hit hard by the COVID-19 pandemic.
UDB,