Tag: Shs loans
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Uganda’s Public Debt-expanding Loans: Parliament Okays Shs11 Trillion, Debt Near 127 Trillion
Overview: A Record Borrowing Sprint Uganda’s Parliament has approved a new wave of borrowing that will push the country’s public debt higher and intensify debates about fiscal sustainability. In a rapid three-day session, lawmakers authorised approximately Shs11 trillion in fresh loans. This massive influx of credit has raised concerns about debt service, fiscal space, and…
