Uganda, World Bank Agree to Speed up US$4.6bn Portfolio as Delays Persist
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Uganda and the World Bank have committed to accelerating a $4.6 billion development portfolio to address ongoing delays in project implementation. The agreement aims to resolve bottlenecks related to procurement, land acquisition, and project preparation.
Why it matters
Efficient management of this large-scale funding is critical for Uganda's infrastructure and economic development goals.
Published 12 hours ago • loading... • Updated 12 hours ago Show Less Icon Uganda, World Bank Agree to Speed up US$4.6bn Portfolio as Delays Persist Summary by UgStandard - For Breaking News, Education, Investigations, Business & Tech and All Public Affairs N Uganda and the World Bank have agreed to speed up implementation of a US$4.6 billion development portfolio covering 18 operations, amid concerns that weak project preparation, procurement and land acquisition are holding back delivery. The commitment was made at the Uganda–World Bank Country Portfolio Performance Review at the Sheraton Hotel in Kampala. Organisers said the […] The post Uganda, World Bank agree to speed up US$4.6bn portfolio as d… This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
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