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UDB Gets Shs1Trillion Boost to Power Industrialisation, Jobs & SME Growth
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UDB Gets Shs1Trillion Boost to Power Industrialisation, Jobs & SME Growth
The Uganda Development Bank (UDB) has received a fresh capital injection of Shs 1 trillion in the FY 2025/26 national budget, as part of the government’s intensified push for industrialisation, job creation, and increased productivity. Finance Minister Matia Kasaija, delivering the budget speech at Kololo Ceremonial Grounds, said the new funding brings the total capitalisation of UDB to Shs 1.5 trillion, underscoring its central role in Uganda’s…
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