A $235.4 million loan, which translates to about Shs868b has been approved by Parliament for the construction of a host of roads.<\/p>\n\n\n\n
The roads are Namugumba \u2013 Budadiri \u2013 Nalugugu (29km), Katuna \u2013 Muko -Kamuganguzi road (104km) and Laropi \u2013 Moyo – Afoji (Sudan border) which is 37km.<\/p>\n\n\n\n
Making a case for the loan, the Vice Chairperson of the Committee on National Economy, Hon Lawrence Bategeka said the roads will \u201cenhance socio-economic growth of the project areas by provision of the area by attracting investments.\u201d<\/p>\n\n\n\n
MP Nandala Mafabi, opposed the loan, arguing that the Namugumba \u2013 Budadiri – Nalugugu stretch should have covered the trail leading to Mount Elgon.<\/p>\n\n\n\n
\u201cIf you really wanted to pay the people of Bugisu, you would have made the road up to Mount Elgon; because the coffee we produce supports the economy,\u201d he said.<\/p>\n\n\n\n
Speaker Rebecca Kadaga also took issue with the loan, saying Government has not paid extra attention to other areas where the road network is not satisfactory.<\/p>\n\n\n\n
\u201cIt was packaged in such a way that you cannot refuse; and the Gen [Minister of Works and Transport, Katumba Wamala] should tell us why there has not been a new road in North Busoga for the last 25 years,\u201d she said.<\/p>\n\n\n\n
Gen Edward Katumba Wamala, however, came to the defense of Government, promising to provide statistical evidence on the roads that the Ministry is constructing in the country.<\/p>\n\n\n\n
\u201cWe are balancing the construction of roads in the country and I will come back and show for the next five years how the roads are going to be constructed region by region,\u201d he said.<\/p>\n\n\n\n
Hon. Jesca Ababiku supported the loan, saying it will support the livelihoods of the people.<\/p>\n\n\n\n
\u201cThe roads that are going to be constructed are going to impact positively on the livelihoods of our people; the request is going to make our road from Atiak to Afoji complete and promote cross-border trade,\u201d she said.<\/p>\n\n\n\n
MP Bategeka, however, warned that the loans being acquired has increased the public debt and will only make sense if they facilitate investment to grow the economy.<\/p>\n\n\n\n
\u201cThe recent loans acquired by Government and approved by Parliament during the Covid-19 pandemic could possibly push the ratios up in part due to weaker fundamentals including slower growth, exchange rate depreciation, weaker exports and a fragile domestic revenue base,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
A $235.4 million loan, which translates to about Shs868b has been approved by Parliament for the construction of a host of roads. The roads are Namugumba \u2013 Budadiri \u2013 Nalugugu (29km), Katuna \u2013 Muko -Kamuganguzi road (104km) and Laropi \u2013 Moyo – Afoji (Sudan border) which is 37km. Making a case for the loan, the […]<\/p>\n","protected":false},"author":27983,"featured_media":16696,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[98],"tags":[31,812,190,613],"class_list":["post-16695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured","tag-katuna-muko","tag-parliament-of-uganda","tag-unra"],"_links":{"self":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/16695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/users\/27983"}],"replies":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=16695"}],"version-history":[{"count":2,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/16695\/revisions"}],"predecessor-version":[{"id":16698,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/16695\/revisions\/16698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media\/16696"}],"wp:attachment":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=16695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=16695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=16695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}