Uganda needs 94 years to clear debt

Huge borrowing. The Entebbe Expressway which is under construction. Funding of the project is estimated to cost about Shs1.7 trillion which was secured from China’s Exim Bank. FILE PHOTO

What you need to know:

  • Extent of indebtedness. Going by Bank of Uganda figures, every Ugandan is in debt of at least Shs992,500.

Kampala.

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