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Lawmakers task Kasaija on Shs66 trillion debt burden


Daily Monitor
Wednesday April 28 2021
Finance minister Matia Kasaijja (right) and State minister for Planning David Bahati (left) with other officials after appearing before Parliament’s Budget Committee on April 13, 2021. PHOTO/ALEX ESAGALA
Summary
On Monday, Daily Monitor reported that Uganda’s total public debt has hit a record Shs65.82 trillion as of December 2020, up from Shs49 trillion in 2019, due to increased government borrowing.
As committee members pushed Mr Kasaija on the debt burden, Mr Bahati interjected and reasoned that the borrowed funds were used to finance sectors such as oil and gas, and transport as well as enabling Ugandans recover from the economic shocks occasioned by Covid-9. ....

Kabula County , Amos Lugoloobi , James Kakooza , Matia Kasaija , Arthur Arnold Wadero , David Bahati , Budget Committee , Members Of Parliament , Arthur Arnold , East African , James Kakooza , Finance Minister , Matia Kasaija , Budget Committee Of Parliament , கபுலா கவுண்டி , டேவிட் பஹதி , பட்ஜெட் குழு , உறுப்பினர்கள் ஆஃப் பாராளுமன்றம் , ஆர்தர் அர்னால்ட் ,