Tag: Extended Credit Facility (ECF)

The kidnappers held her captive for nearly three weeks, demanding up to $1 million before accepting about $200,000 (approximately UGX 700 million). During her captivity, they cut off two of her fingers and sent them alongside a video of her pleading for help to pressure her family into paying the ransom.
Akena referred to historical statements by President Museveni acknowledging the destruction of food supplies and the destitution of about 2.7 million people during that period. He argued that the loss of cattle deprived communities of daily nutrition, household income, school fees, draft power, and soil fertility, leaving effects that continue to be felt today.

World Bank Grants $2 Billion Concessional Support to Uganda

Uganda is set to benefit from a fresh $2 billion financing package from the World Bank over the next...

IMF Approves $120 Million Disbursement to Support Uganda’s Economic...

The International Monetary Fund (IMF) has approved the immediate disbursement of the equivalent of SDR 90.25 million (about US$120...

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