Kampala, Uganda: Health, agriculture, and infrastructure sectors are set to receive a potential financial boost following the tabling of loan requests totaling about US$399 million (about 1.4 trillion shillings) before Parliament on Wednesday, 03 September 2025.
The proposals were presented by the Minister of State for Finance, Planning and Economic Development (General Duties), Henry Musasizi, during plenary chaired by Speaker Anita Among.
The requests include US$47.5 million for the construction and equipping of Mbale and Arua oncology centres, US$99.56 million from the International Fund for Agricultural Development (IFAD) for the Resilient Livestock Value Chain Project, and an additional US$252 million from the African Development Bank and African Development Fund for the Busega–Mpigi Expressway.
Tabling the health sector loans, Musasizi said: “I beg to lay the proposal to borrow up to euros 9.4 million from Unicredit Bank Austria for the construction and equipping of Mbale Oncology Centre and US$36.5 million from Islamic Development Bank for the construction of Arua Oncology Centre and radiotherapy equipment for the Mbale Oncology Centre.”
Speaker Anita Among, who presided over the house sitting, reminded MPs of the constitutional requirements for loan approvals and underscored the urgency of the IFAD request.
“The deadline of signing this loan is on 12 September 2025… failure to have it processed before that would call for a cancellation. This loan has an aspect of a grant,” she said, directing the Committee on National Economy to report back on Tuesday, 07 September 2025.
All three loan proposals were referred to the Committee on National Economy for scrutiny before a final decision by the House.
If you would like your article/opinion to be published on Uganda’s most authoritative news platform, send your submission on: [email protected]. You can also follow DailyExpress on WhatsApp and on Twitter (X) for realtime updates.
