Musasizi defends UDB capitalisation, backs external borrowing

Documents seen by New Vision show that the government plans to raise $100 million (sh380b) from the Arab Bank for Economic Development in Africa (BADEA) private window.

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State Minister for finance Henry Musasizi defending the loan request. (Photos by Dedan Kimathi)
By NewVision Reporter
Journalists @NewVision
#Henry Musasizi #Uganda Development Bank #Parliament #External borrowing

State Minister for Finance, Henry Musasizi, has defended the government's decision to address Uganda Development Bank’s (UDB) liquidity crisis through external borrowing.

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