By; Francis Lubega


12th August 2019


Uganda is under red flag as its debt for membership to international organization shot to Shs 60bn.

According to the plea from the ministry of Foreign Affairs to the speaker of parliament Rebecca Kadaga, the ministries permanent Secretary Patrick Mugoya indicates that the ministry is in a total debt of over Shs 63bn out of which Shs 60bn as foreign debt and 3bn for domestic debts.

According to Mugoya, up to 28.4 billion Shillings is needed annually, to finance Uganda’s contributions to the organizations. However, the ministry gets an annual allocation of 9.1 billion Shillings which covers only 32 per cent of the required amount.

He says the allocation continues to create additional arrears and yet they continue receiving demand notes from the International Organizations.

The organizations include the Commonwealth Foundation, Commonwealth Fund for Technical Coop, Commonwealth Secretariat, Commonwealth Youth Programme, Intergovernmental Authority on Development (IGAD), The International Conference on the Great Lakes Region (ICGLR), Organisation of Islamic Countries, Sea Bed Authority, African Caribbean and Pacific Secretariat, UN Peace Keeping Operations, UN Tribunals, UN Secretariat, World Food Programme and African Union.

Tuesday 13th August 2019 02:52:51 AM