Gov’t urged to stop unnecessary expenditure to absorb the recent aid cut pressure
The private sector has advised government to stop unnecessary expenditure in a bid to absorb the recent aid cut pressure. Some members of the donor community last week announced Aid cuts after the president assented to the Anti-Gay Law.
The executive director, Private sector Foundation Uganda, Gideon Badagawa says that although the aid cuts may not largely affect the economy, it’s high time the government set it’s priorities right.
Some of the donor countries that have withdrawn aid are Norway, Denmark and the Netherlands. The World Bank also announced suspension of the 90m dollar loan that was meant to support health related projects.