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Tag Archives: World Bank

World Bank cautions gov’t on excess spending

Kampala, Uganda | THE INDEPENDENT | The World Bank spells a gloomy picture of Uganda’s economy this year, urging the government to mind its spending plans and increase the domestic revenue mobilization. The 16th Uganda Economic Update shows that Uganda’s economy will contract by 1 percent in the calendar year 2020, …

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The garbage, sewerage, and planning challenge to Uganda’s new cities

Kampala, Uganda |  THE INDEPENDENT |   Uganda’s newly established cities need to plan and manage settlements to avoid the same pitfalls that befell Kampala, the Capital City. Government in July inaugurated seven new ‘cities’ by elevating former municipalities of Arua, Gulu, Mbale, Jinja, Masaka, Mbarara, and Fort Portal to city …

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COVID-19: Remittance flows to shrink by 14%

Kampala, Uganda |  THE INDEPENDENT |  The amount of money migrant workers send home is projected to decline by 14 per cent  compared to the pre-COVID-19 levels, according to the latest estimates published in the World Bank’s Migration and Development Brief.    Remittance flows to low and middle-income countries are projected …

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World Bank gives Uganda UGX 1 Trillion for social services

Kampala, Uganda | THE INDEPENDENT | Uganda has secured a financing package of about 1.1 Trillion Shillings from the World Bank improve service delivery in local governments. This is additional funding to the 200 billion dollars received under the Uganda Intergovernmental Fiscal Transfers Program for Results,(UgIFT), to boost service delivery …

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Kwania district receives UGX 1.7 Bn to upgrade two health centres

Kwania, Uganda | THE INDEPENDENT | Kwania district has received 1.7 billion Shillings from the World Bank for the refurbishment and upgrade of two health center II’s to HCIII’s, under the Intergovernmental Fiscal Transfer Program for Results- IFTPR. The beneficiary health centres include Akali HCII in the newly created Akali sub-county …

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