• Trending
  • Comments
  • Latest
Phaneroo Boss, Sudhir Grilled Over Nakawa Land

Phaneroo Boss, Sudhir Grilled Over Nakawa Land

April 22, 2022
MPs Call For Arts Teachers Pay Rise In The Budget

MPs Call For Arts Teachers Pay Rise In The Budget

January 22, 2023
MPs – Reaction to The State of Nation Address

West Nile MPs, Govt Chief Whip Clash Over Electricity in the Region

January 15, 2023
Peter Magomu Mashate is a London based Ugandan Barrister of the Honourable Society of Lincoln’s Court in London

Ugandan Lawyer Mashate: The Unsung NRM Hero!

March 24, 2019
Budget Advocates Concerned With New Wave Of Corruption In Govt.

Budget Advocates Concerned With New Wave Of Corruption In Govt.

1
Musoke Ibrahim a father to Rahim who is now eight years

Being A Good Father Does Not Mean Money But Love & Care

1
URBRA Cautions On NSSF Mid-Term Access 

URBRA Cautions On NSSF Mid-Term Access 

1

Hello world!

0
Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
Operationalise HIV/AIDS Trust Fund – MPs

Operationalise HIV/AIDS Trust Fund – MPs

April 27, 2023
Speaker Among Storms Kampala  CPS Secures Unconditional Release of 11-MPs

Speaker Among Storms Kampala CPS Secures Unconditional Release of 11-MPs

April 27, 2023

Recent News

Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
Operationalise HIV/AIDS Trust Fund – MPs

Operationalise HIV/AIDS Trust Fund – MPs

April 27, 2023
Speaker Among Storms Kampala  CPS Secures Unconditional Release of 11-MPs

Speaker Among Storms Kampala CPS Secures Unconditional Release of 11-MPs

April 27, 2023
  • Trending
  • Comments
  • Latest
Phaneroo Boss, Sudhir Grilled Over Nakawa Land

Phaneroo Boss, Sudhir Grilled Over Nakawa Land

April 22, 2022
MPs Call For Arts Teachers Pay Rise In The Budget

MPs Call For Arts Teachers Pay Rise In The Budget

January 22, 2023
MPs – Reaction to The State of Nation Address

West Nile MPs, Govt Chief Whip Clash Over Electricity in the Region

January 15, 2023
Peter Magomu Mashate is a London based Ugandan Barrister of the Honourable Society of Lincoln’s Court in London

Ugandan Lawyer Mashate: The Unsung NRM Hero!

March 24, 2019
Budget Advocates Concerned With New Wave Of Corruption In Govt.

Budget Advocates Concerned With New Wave Of Corruption In Govt.

1
Musoke Ibrahim a father to Rahim who is now eight years

Being A Good Father Does Not Mean Money But Love & Care

1
URBRA Cautions On NSSF Mid-Term Access 

URBRA Cautions On NSSF Mid-Term Access 

1

Hello world!

0
Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
Operationalise HIV/AIDS Trust Fund – MPs

Operationalise HIV/AIDS Trust Fund – MPs

April 27, 2023
Speaker Among Storms Kampala  CPS Secures Unconditional Release of 11-MPs

Speaker Among Storms Kampala CPS Secures Unconditional Release of 11-MPs

April 27, 2023

Recent News

Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
Operationalise HIV/AIDS Trust Fund – MPs

Operationalise HIV/AIDS Trust Fund – MPs

April 27, 2023
Speaker Among Storms Kampala  CPS Secures Unconditional Release of 11-MPs

Speaker Among Storms Kampala CPS Secures Unconditional Release of 11-MPs

April 27, 2023
Eyewitness  News
  • Home
Monday, May 29, 2023
  • Home
  • Diplomacy
  • ECONOMY
  • Agriculture
  • Faith
  • Security
  • Tourism
  • International
  • Latest News
No Result
View All Result
  • Home
  • Diplomacy
  • ECONOMY
  • Agriculture
  • Faith
  • Security
  • Tourism
  • International
  • Latest News
No Result
View All Result
Eyewitness  News
No Result
View All Result
  • Home
  • Diplomacy
  • ECONOMY
  • Agriculture
  • Faith
  • Security
  • Tourism
  • International
  • Latest News

President meets World Bank Board of Directors

April 27, 2019
in Latest News
Reading Time: 3 mins read
0
Share on FacebookShare on Twitter

President meets World Bank Board of Directors

By Acaye Henry

RelatedPosts

Opposition MPs Protest Vat On Diapers

Monitoring of Local Gov’ts Lacking-MPs

Parliament Rejects Govt Report for Lack of Quick Interventions.

President Yoweri Museveni has held a meeting with World Bank Board of Directors who are in Uganda to get a first hand view of the Bank’s support to the country’s development priorities.

The eleven-member delegation represents 92 countries and nearly 51% of the World Bank’s shareholding.

During the meeting that took place at State House Entebbe yesterday (Thursday 25th April 2019), the President and his guests discussed a wide range of issues concerning the economic development in Uganda. President Museveni warmly welcomed the delegation to Uganda saying that he had for so long wanted to meet and interact with members of the Board of Directors of the World Bank.

Mr. Museveni informed the group that Africa has got huge potential but the challenge has been that the people tackling Africa’s issues are bent on using uni-dimensional approach where they tackle some of the bottlenecks not knowing that the challenges are integrated.

He said Africa is so rich with a huge market but because of the bottlenecks, such as lack of infrastructure, fragmented markets, ideological disorientation and export of raw materials, among others, the continent has not been able to attain substantial economic development adding that in order for Africa to have a meaningful and sustainable growth, the bottlenecks need to be tackled together.

He assured the visiting delegation that now that Africa and Uganda in particular has addressed some of the challenges, such as high electricity rates, transport and the issue of market, the economy will even triple.

On the issue of refugees, President Museveni noted that ‘refugees coming to Uganda is not an issue because these are our people and our brothers and they integrate easily because of their backgrounds.”

He however, said the only impact on host countries is on social services and the environment for which he called on the World Bank and other development partners to direct their efforts.

The World Bank delegation, led by the Bank’s Group Executive Director,  Mr. Fabio Kanczuk, expressed satisfaction with how things are going on in Uganda under the wise leadership of President Museveni. He cited the high and consistent growth rate of over 6% per annum as an example.

The delegation also positively expressed happiness with how Uganda is handling both social and environmental issues. The visitors applauded the country on the way it has handled the influx of refugees. They expressed commitment to further working with Uganda especially on in tackling issues of human capital development, market integration and value addition, among other areas.

The World Bank Group has had a long-standing and strong partnership with Uganda with a cumulative investment of more than US$10 billion.

The current WB’s program is well-positioned to assist the Government of Uganda in achieving its ambitious development agenda through the Bank’s portfolio of almost US$3 billion covering investments in all major sectors of the economy. This is complemented by US$175 million in commitment by the International Finance Corporation (IFC) targeting projects in infrastructure, agribusiness and financial sectors; and US$236 million in gross exposure by the Multilateral Investment Guarantee Agency (MIGA) supporting the Bujagali Hydroelectric Project.

Previous Post

Tanga Issues 10 Tough Guidelines For NRM Aspirants.

Next Post

MPs Trash The Majority Report on Sugar Bill,Debate Pushed to Tuesday Next Week

Related Posts

Opposition MPs Protest Vat On Diapers
Latest News

Opposition MPs Protest Vat On Diapers

May 10, 2023
0

Opposition MPs Protest Vat On Diapers Opposition female Members of Parliament have come out to protest the new Value Added...

Read more
Monitoring of Local Gov’ts Lacking-MPs

Monitoring of Local Gov’ts Lacking-MPs

January 19, 2023
Parliament Rejects Govt Report for Lack of Quick Interventions.

Parliament Rejects Govt Report for Lack of Quick Interventions.

April 12, 2022
Opposition Call off Parliament Boycott

Opposition Call off Parliament Boycott

November 20, 2022
Aringa MP- Calls for More Funds For Yumbe Regional Hospital

Aringa MP- Calls for More Funds For Yumbe Regional Hospital

December 7, 2021
Oulanyah Rallies Agago to Take up Vaccination

Oulanyah Rallies Agago to Take up Vaccination

December 4, 2021
Next Post
Parliament  Approves 104 Million  USD Loan For CCTV Network Expansion

MPs Trash The Majority Report on Sugar Bill,Debate Pushed to Tuesday Next Week

President Museveni to partners “Idea of sanctions is cowardly,”

President Museveni to partners “Idea of sanctions is cowardly,”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Phaneroo Boss, Sudhir Grilled Over Nakawa Land

Phaneroo Boss, Sudhir Grilled Over Nakawa Land

April 22, 2022
MPs Call For Arts Teachers Pay Rise In The Budget

MPs Call For Arts Teachers Pay Rise In The Budget

January 22, 2023
MPs – Reaction to The State of Nation Address

West Nile MPs, Govt Chief Whip Clash Over Electricity in the Region

January 15, 2023
Peter Magomu Mashate is a London based Ugandan Barrister of the Honourable Society of Lincoln’s Court in London

Ugandan Lawyer Mashate: The Unsung NRM Hero!

March 24, 2019
Budget Advocates Concerned With New Wave Of Corruption In Govt.

Budget Advocates Concerned With New Wave Of Corruption In Govt.

1
Musoke Ibrahim a father to Rahim who is now eight years

Being A Good Father Does Not Mean Money But Love & Care

1
URBRA Cautions On NSSF Mid-Term Access 

URBRA Cautions On NSSF Mid-Term Access 

1

Hello world!

0
Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
Operationalise HIV/AIDS Trust Fund – MPs

Operationalise HIV/AIDS Trust Fund – MPs

April 27, 2023
Speaker Among Storms Kampala  CPS Secures Unconditional Release of 11-MPs

Speaker Among Storms Kampala CPS Secures Unconditional Release of 11-MPs

April 27, 2023

Recent News

Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
Operationalise HIV/AIDS Trust Fund – MPs

Operationalise HIV/AIDS Trust Fund – MPs

April 27, 2023
Speaker Among Storms Kampala  CPS Secures Unconditional Release of 11-MPs

Speaker Among Storms Kampala CPS Secures Unconditional Release of 11-MPs

April 27, 2023

Eyewitnessug.com is Licensed by Uganda Communications Commission (UCC) Under Dominion Media Limited.

Dominion Media Limited is registered by Uganda Revenue Authority.

For Advertisement Reach out to Marketing Department via.
Email: [email protected]

Contact us through our Postal Address.
P.O.BOX 21157 Kampala-Uganda.

Browse by Category

  • Agiriculture
  • Agriculture
  • Business
  • Development
  • Diplomacy
  • ECONOMY
  • Editor's Pick
  • Education
  • Entertainment & Arts
  • Enviroment
  • Faith
  • Feature News
  • Governance
  • Health
  • International
  • Latest News
  • obituary
  • Opinion
  • Politics
  • Politics
  • Security
  • Social
  • Sports
  • Technology
  • Tourism

Recent News

Female MPs Irked By Increased C-Section Births

Female MPs Irked By Increased C-Section Births

May 26, 2023
Opposition MPs Protest Vat On Diapers

Opposition MPs Protest Vat On Diapers

May 10, 2023
  • Home

© 2023 Allrights Reserved EYEWITNESS NEWS UGANDA

No Result
View All Result
  • Home
  • Diplomacy
  • ECONOMY
  • Agriculture
  • Faith
  • Security
  • Tourism
  • International
  • Latest News

© 2023 Allrights Reserved EYEWITNESS NEWS UGANDA

error: Content is protected !!