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We are negotiating with the World Bank over funding – PSST Ggoobi

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The Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has revealed that negotiations between Government and the World Bank Group are nearing completion.

This comes after the multi-national lender threatened to freeze funding to Uganda following the passing of the Anti-Homosexuality Act.
Ggoobi said Uganda is putting in place measures to ensure that the execution of project funded by the World Bank goes on without discriminating anyone.

“The NUSAF 4 project will only go to the World Bank Board after putting in place measures and testing their efficacy to assure the Bank that the law which Parliament passed, we shall be able to implement that project and others without discriminating anyone. That is what they required and we have been working with them and even this morning the reason why I came late, I was still talking to the World Bank team on the same measures, we are near the finishing line. So we shall be able to address all those,” said Ggoobi.

Ggoobi’s remarks were in response to a number of questions raised by MPs from northern Uganda on why there have been delays for the implementation of the Northern Uganda Social Action Fund (NUSAF4).

Ggoobi said that Government has embarked on improving the efficiency of management of projects in order to minimise delays in completion of public projects.

“Cabinet has approved a process where we are going to be on a regular basis going to by carrying out effective monitoring of projects especially those funded by money we borrow from abroad. And within this very budget, we have made a number of changes in the way we admit projects in the projects. We aren’t going to fund projects which aren’t ready, then we start, and half way we realize there are certain things we didn’t do.” Said Ggoobi.

 

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