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Uganda’s $2.1 Billion Loan Request Is Not Development, It Is Debt-Driven Patronage » The Hoima Post –

Ugandas 21 Billion Loan Request Is Not Development It Is

By Kasirye Ronald, Journalist, TV Producer, and CEO of Ronkas Media Uganda’s government is once again preparing to borrow heavily in the name of development. This time, the request before Parliament is for Shs 8.2 trillion, roughly USD 2.1 billion, allegedly to finance energy and infrastructure projects. On paper, it sounds like progress. In reality, it is another act in …

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