Ugandas national debt is manageable - Minister Kasaija

Смотреть онлайн

Опубликовано: 2019-01-08
Продолжительность: 02:20
The Minister of Finance Matia Kasaija has said that government will meet its obligations in clearing foreign and domestic debts.
Addressing journalists at Media Center in Kampala, Kasaija said that government debt stands at 41.3 trillion shillings with some concessions going up to 35 years.

However, there is fear that by the time government takes on other projects such as oil refinery, construction of the pipeline and standard gauge railway, Uganda will hit above the 50 percent ceiling which will put the economy at stake.

The minister also dismissed roomers that China is taking over the economy through financing and lending to government for various projects.#NTVNews

Subscribe to Our Channel