News Column

Uganda Gets IMF OK to Raise Debt Limit

January 29, 2014

! Uganda has been grappling with a widening budget deficit for the past two years, as spending has increased while funds from donors waned. "The allowed increase is expected to finance electricity projects that are critical to close the acute infrastructure gap that makes Uganda one of the countries with the lowest levels of electrification in Africa ," Ms. Coronel said. --SPA 11:37 LOCAL TIME 08:37 GMT All Rights Reversed for Saudi Press Agency Provided by Syndigate.info , an Albawaba.com company


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Source: Saudi Press Agency (Saudi Arabia)


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