Parliament approves US$162 million Korea Exim Bank loan for Makerere University science and innovation project

According to The Independent, Parliament approved a US$162 million loan from the Korea Export Import Bank to finance Makerere University's Science, Technology and Innovation Education project. State Finance Minister Henry Musasizi said the money would fund new facilities, laboratory upgrades and equipment; the House suspended a procedural rule to adopt the Finance Committee report without debate. Leader of the Opposition Joel Ssenyonyi cautioned against passing loans without following proper procedure.