IDA
-
Western
Kikuube district leaders relieved after extension of DRDIP project
KIKUUBE, January 12, 2024 – Kikuube district leaders are excited over the extension of the implementation period for the World Bank-funded Development Response to Displacement Impact Project [ DRDIP ]. Vincent Opio, the…
Read More » -
International
Developing countries paid record US$ 443.5bln on public debt in 2022-World Bank
WASHINGTON, Dec 14, 2023— Amid the biggest surge in global interest rates in four decades, developing countries spent a record US$ 443.5 billion to service their external public and publicly guaranteed debt…
Read More » -
Finance & Banking
MPs approve over Shs 355bln loan for INVITE project
KAMPALA – Government’s request to borrow up to US $96 million [Shs 355.5bln] to finance the Investment for Industrial Transformation and Employment [ INVITE ] project has been okayed by Parliament. The…
Read More » -
Finance & Banking
Ajay Banga becomes 14th President of the World Bank
WASHINGTON – The Executive Directors of the World Bank have selected Ajay Banga as the next President of the World Bank for a five-year term beginning June 2, 2023. Banga most recently served…
Read More » -
Cooperatives & Communities
Nwoya farmers shun ACDP stores
NWOYA– Four multi-million farmers’ storage facilities in Purongo, Anaka, Alero, and Kochgoma sub-counties in Nwoya district are underutilised as farmers keep their produce in homes, theCooperator has learnt. The storage facilities were…
Read More »