Uganda says seeks to borrow 500 mln euros – finance ministry
Published on: Monday 14 November 2022
KAMPALA, Nov 13 (Reuters) – Uganda is looking to borrow 500 million euros ($517.6 million)for budget spending through various credit options excluding a Eurobond issue, a finance ministry document shows. The proposed borrowing is likely to stoke fresh concern over Uganda’s ability to repay its rapidly expanding debt. As a percentage of gross domestic product, public debt […]
News source: https://www.cnbcafrica.com/2022/uganda-says-seeks-to-borrow-500-mln-euros-finance-ministry/
