World Bank boosts National Development Plan

The government in partnership with the World Bank this past week launched the Public Investment Management (PIM) initiative, an approach aimed at managing government expenditures and public infrastructure. “The World Bank in Uganda is administering a multi-donor Trust Fund portfolio worth $34 million (Shs122.9 billion) to support the National Development Plan,” Ms R. Kariuki Mukami, the World Bank country manager, told journalists. Ms Kariuki said the plan is aimed at fostering improvements in economic governance, fiscal management and service delivery. She said this will be attained by addres…

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