Kampala, Uganda | THE INDEPENDENT | Ugandan officials could have stashed away a whopping USD 73M (UGX267B) of the aid money from the World Bank between 1990 and 2009, a new research paper suggests. The controversial paper written by researchers from the Norwegian Business School, University of Copenhagen, and The …
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Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita …
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Kampala, Uganda | THE INDEPENDENT | The World Bank has today released the 14th Uganda Economic Update which has focused on social protection systems in Uganda and proposes a more effective approach to reduce vulnerability and to support more inclusive growth. The report indicates that the coverage and design of social …
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Kampala, Uganda | THE INDEPENDENT | Uganda will get at least 7 trillion shillings from the World Bank for the period between 2021 and 2023, officials have said. The money is part of new funding round that the bank has put aside for the developing countries under the International Development Assistance …
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Kampala, Uganda | THE INDEPENDENT | Arua municipality has embarked on the Shillings 20 billion World Bank funded road project under the Uganda Support to Municipal Infrastructure Development-USMID. The 2.8 kilometers road stretches from Arua prisons to Arua primary school via River Oli division headquarters. The project was handed to …
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Kampala, Uganda | THE INDEPENDENT | The government is rejecting loans from the World Bank in favour of those from China. This is according to the National Economy Committee of Parliament. According to Syda Bbumba, the committee chairperson, while meeting officials from the World Bank recently they said that they …
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Kampala, Uganda | THE INDEPENDENT | The World Bank has advised the government to invest in early childhood education in order to give a firm foundation to toddlers at a time when they are developing cognitive and character skills. According to research conducted by the United Nations Educational, Scientific and …
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Washington, United States | AFP | US President Donald Trump lashed out at the World Bank on Friday, blaming the international financial institution for lending money to China. “Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don’t, they …
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Kampala, Uganda | THE INDEPENDENT | Uganda has been ranked ahead of Tanzania and Kenya in the ease with which individuals and investors can file and pay their taxes. According to the Paying Taxes 2020 report by audit firm PricewaterhouseCoopers (PWC) and the World Bank, Uganda is at position 92nd out …
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Kampala, Uganda | THE INDEPENDENT | 6.2 billion shillings meant for infrastructural development under Uganda Support for Municipal Infrastructure Development [USMID] for Kitgum Municipality is lying idle on the council accounts. According to municipal officials, the funds were released in June for undertaking the first phase of the three …
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The Independent Uganda: You get the Truth we Pay the Price
