HIGH-COST PROJECTS

The East African - - NEWS -

Ezra Mun­yam­bon­era, head of the Macroe­co­nomics De­part­ment at the Eco­nomic Pol­icy Re­search Cen­tre said that over the next 10 years it would be good for Uganda not to get fi­nanc­ing for high-cost in­fra­struc­ture projects like the stan­dard gauge rail­way, since th­ese can be coun­ter­pro­duc­tive projects. He said that that such high value projects only con­trib­ute to the bal­loon­ing of the na­tional debt.

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