UGANDA and Norway have signed agreements in which the latter is to inject into Uganda 30m Norwegian kroners (NOK), (about US$19.4m and sh35.6b) to boost petroleum exploration and electricity transmission up to 2008.
Norwegian ambassador Bjorg S. Leite and the finance ministry permanent secretary and secretary to the treasury, Chris Kassami, yesterday signed the â€œStreng-thening of the State of Administration of Energy Sector in Ugandaâ€ pact (worth NOK 15m or US$9.7m) and the â€œCapacity Building in the UETCL Through a Twinning Arran-gement with the Norwegian National Grid Utility Statnettâ€ (worth NOK 15m or US$9.7m).
Uganda is to ensure proper accountability for the funds and the Auditor General is to audit the performance of the projects.
On the petroleum exploration, NOK 15m is to be spent on policy, institutional, legislative framework, capacity building for petroleum exploration, technical/economic studies, petroleum programme management and contingency/budget flexibility, functional analysis and other areas.
On electricity, the NOK 15m is to be spent on strategy and business development, corporate efficiency and budgets, transmission system utilisation, management information, project preparation, management and coordination.
Norway gives Uganda $19m