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Uganda districts to benefit from Chinese loan

 

Ultimate Media

Local Governments in rural areas and councils in urban centres in different parts of the country are going to benefit from 200 billion shillings (100 million dollars) loan that the government of Uganda wants to borrow from Export –Import Bank of China.

But the Members of Uganda Parliament have to first approve this loan before it is secured.

The State Minister for Finance in the government of Uganda, Aston Kajara says the government of Uganda needs the money to buy road maintenance equipments, fire fighting gadgets and sanitary services among others. He was addressing Members of Parliament in Kampala today.

Uganda's districts to benefit from Chinese loan

In what looked like a bid to convince MPs to support Uganda’s proposal to borrow money from a Chinese bank, Kajara said the government will use the money to buy machines that will stop markets and schools fires.

The Minister says Uganda Police fire brigade many times fails to stop the fire from destroying property because the country lacks money to buy modern equipments.

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