Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund – IMF is so far satisfied with the way Uganda has managed the COVID-19 relief packages the country has received from the organization over the last two years. In June last year, the IMF board approved a relief package for Uganda …
Read More »IMF explains USD 1Bn Covid-19 loan facility to Uganda
Kampala, Uganda | THE INDEPENDENT | Officials from the International Monetary Fund (IMF) have explained the recently approved US Dollars 1 billion extended credit facility for Uganda to support the post Covid-19 recovery. The officials made the explanation on Monday afternoon during a meeting between the Leader of Opposition in Parliament, Mathias …
Read More »IMF wants COVID-19 debt relief initiative extended
Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund, IMF, is proposing that the multi-lateral lenders extend the Debt Service Suspension Initiative to the end of 2021 because most of the countries burdened will not recover by early next year. COVID-19 has dealt a major blow to the world’s poorest …
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