Parliament approves Shs6.6 trillion borrowing to finance 2020/21 budget deficit

Policy & Legislation Single source Uganda (national) 20 Nov 2020 Severity: 1/5

ChimpReports reports that Parliament cleared government borrowing of 6.6 trillion shillings to cover the budget deficit for the 2020/21 financial year. According to the report, 4.3 trillion shillings of this is to be raised through domestic borrowing.

A national event, not tied to one district.

Single source: Reported by one outlet; not yet independently confirmed.

Sources

ChimpReports 20 Nov 2020

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