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Uganda Receives Over Ugx 200 Billion From The German Government

Abbas Ibrahim by Abbas Ibrahim
in Business, News
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Uganda Receives Over Ugx 200 Billion From The German Government
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The German government has committed to spending over two hundred and fifty-three billion Ugandan shillings (EUR 58.4 million) to finance agriculture and rural development as well as access to renewable energy, in Uganda.

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The money will also help in the area of good governance and human rights.

The German Embassy in Uganda said the money will pave way for Ugandan-German development cooperation in the period from 2021 to 2022. The signing of the grant marked the conclusion of the talks between the Ugandan government and German on how the money will be utilized.

Patrick Ocailap, the Deputy Secretary to the Treasury signed on behalf of Uganda while the head of East Africa Division of the Federal Ministry of Development Cooperation Niels Breyer signed on behalf of the German Delegation.

The funding, according to a statement from the German Embassy, will go to initiatives aimed at supporting  Uganda in implementing its National Development Plan III, the United Nations’ Agenda 2030 and the Agenda 2063 of the African Union.

Tags: German Embassy in Uganda
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Abbas Ibrahim

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