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Egypt to receive $1.2 billion as part of IMF programme in January, finance minister says

admin | January 6, 2025

By reuters Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion programme with the international lender, Finance Minister Ahmed Kouchouk said on Sunday. Last month, the IMF said it reached a staff-level agreement with Egypt on the […]

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Uganda to receive $120m from IMF

Ritah Kemigisa | June 22, 2023

Uganda is set to receive $120 million from the International Monetary Fund (IMF) under the Credit Extended Facility (ECF) agreement. This brings the aggregate disbursement under the ECF arrangement to about US$750 million. The immediate disbursement follows the completion of a fourth review under the Extended Credit Facility (ECF) to […]

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Uganda’s public debt hits Shs86.6 trillion

Ritah Kemigisa | January 20, 2023

The latest annual report by the auditor general has revealed that Uganda’s public debt has risen to Shs86.6 trillion which is beyond the debt ceiling as required by the International Monetary Fund. Presenting the report to parliament, the Auditor General, John Muwanga observed that Shs38.1 trillion out of the total […]

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Uganda to discuss loan portfolio at global summit

admin | October 10, 2022

By Mike Sebalu The government of Uganda is set to discuss its loan portfolio during a global meeting for Finance Ministers and Central Bank Governors at the Commonwealth finance ministers meeting that kicks off today in Washington DC. Facilitated by both the World Bank and International Monetary Fund (IMF), the delegates will discuss […]