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Uganda secures $500m loan from Korea EXIM Bank
The Minister of Finance, Planning and Economic Development, Matia Kasaija signed the agreement on behalf of Uganda with the Korean Minister of Foreign Affairs Hon. Cho Tae-yul, on June 5, 2024, in Seoul, the Korean capital.
Minister of Finance, Planning and Economic Development Matia Kasaija with the Korean Minister of Foreign Affairs Hon. Cho Tae-yul after signing the agreement. Courtesy photo
By: NewVision Reporter, Journalists @NewVision
Uganda has secured a $500m (sh1.9 trillion) loan from Korea EXIM Bank to finance the construction of infrastructure projects.
The Minister of Finance, Planning and Economic Development, Matia Kasaija