Articles
Yet Again!! Parliament Approves 2 Trillion Loan for Uganda’s Budget and Mityana–Fort Portal Road
Uganda is set to receive a major financial boost after Parliament approved a loan worth 2 trillion shillings. This money is expected to help the government cover critical shortages in the national budget and complete important development projects. One of the key projects that will benefit from this loan is the Mityana–Fort Portal road, which has long needed attention and improvement.
The decision by Parliament to approve the loan comes at a time when the country is facing several financial challenges. Uganda’s budget has been under pressure due to rising costs in different sectors, and many important services have been at risk of underfunding. The loan will help the government meet some of these urgent needs, ensuring that public services continue to function smoothly.
The Mityana–Fort Portal road, in particular, has been a concern for years. This road is an important route that connects several towns and facilitates the movement of people and goods in the western part of Uganda. Improving this road will not only ease travel but also support trade, agriculture, and tourism in the region. Many residents and business people have welcomed the news, hoping it will bring more development to their areas.
While the approval of the loan is seen as a positive step, some leaders and citizens have urged the government to use the funds wisely and avoid unnecessary spending. They stress the importance of transparency and accountability to make sure that the money truly benefits the people.
In the coming months, Ugandans will be watching closely to see how the government rolls out these projects. If managed well, this 2 trillion shilling loan could bring real change to the country and improve the lives of many.
