UGANDA NEEDS TO BORROW MORE MONEY IN ORDER TO DEVELOP -PROF. SACHS

Prof. Jeffrey Sachs, a renowned world Economist says that Uganda needs to borrow more money to fund development interventions or else remain entangled in poverty. This comes at a time where some local economists have been bashing the government for alleged high debt burden the country has. Prof. Sachs made the remarks this morning while meeting ministers, government agencies led by the prime minister Rt. Hon. Nabbanja Robinah at the office of the prime minister. Prof. Sachs is in Uganda as a follow up of the SDG meeting that took place in New York last year where the Prime Minister made a presentation at the UN on behalf of the Ugandan Government.