Uganda Faces Budget Re-evaluation Amid World Bank Loan...
International News
August 14, 2023
Uganda is in the process of reassessing its annual budget for the current financial year following the suspension of lending by the World Bank. The decision comes in response to the country's anti-LGBTQ law, raising concerns about potential economic challenges ahead. Economists are cautioning that Uganda may encounter more difficulties in the future, highlighting the need for a genuine commitment from the government to implement effective expenditure cuts.