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Government pumps UGX1 Trillion into UDB to drive Industrialization, SME growth
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Government pumps UGX1 Trillion into UDB to drive Industrialization, SME growth
Finance Minister Matia Kasaija outlined the government’s ambitious vision to fully monetize the economy, anchored in value-driven agriculture, industrial expansion, digital innovation, and enhanced market accessibility. KAMPALA, Uganda — The Uganda Development Bank (UDB) has received a significant capital injection of 1 trillion Ugandan shillings in the new 2025-26 national budget, bringing its total capitalization to 1.5 trillion shillings. The…
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