IMF executive board approves Shs870b disbursement to Uganda
Published on: Tuesday 17 January 2023
The International Monetary Fund (IMF) executive board has approved two reviews of a financing agreement with Uganda that allow for the immediate release of about $240 million (about Shs870b) to the East African country.According to the IMF deputy managing director, Bo Li, Ugandan authorities remain committed to their economic programme amidst a challenging environment.“Most quantitative targets were met in 2022. Six of the twelve structural...
News source: https://www.msn.com/en-xl/africa/other/imf-executive-board-approves-shs870b-disbursement-to-uganda/ar-AA16th9p
