MPs raise concerns about Uganda’s increasing debt burden

According to the state minister for finance, Henry Musasizi, the total debt stock as of June 2023 stood at $23.7b (sh91 trillion), compared to December 2022 when it stood at $21b (sh80 trillion).

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State minister for finance, Henry Musasizi said the government is managing resources through efficient allocation and limited borrowing in critical areas. File photo
By NewVision Reporter
Journalists @NewVision
#Parliament #MPs #Debt #Uganda

The increasing debt burden facing the country continues to bother Members of Parliament on the Budget Committee who have put the Ministry of Finance, Planning and Economic Development

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