Uganda’s Parliament will on Monday, October 20, 2025, convene to scrutinise several high-value loan proposals intended to accelerate the country’s infrastructure and agricultural development.
The proposed borrowings, worth over Shs 5 trillion, are expected to finance key projects in road construction, power transmission, oil infrastructure, and agricultural enhancement.
According to the agenda for the 1st Sitting of the 2nd Meeting of the 5th Session of the 11th Parliament, the Minister of Finance, Planning and Economic Development will table proposals to secure funding from major international lenders, including the World Bank, Citi Bank, and Standard Chartered Bank.
The borrowing requests include:
Up to Shs 5.1 trillion (USD 1.341 billion) from the World Bank’s International Development Association (IDA), alongside Shs 1.25 trillion (USD 328.3 million) in grants.
About Shs 791 billion (EUR 192.96 million) from Citi Bank to boost agricultural production and market access.
About Shs 945 billion (EUR 230.45 million) from Citi Bank for upgrading key roads in Jinja District.
Approximately Shs 1.4 trillion (EUR 342.59 million) from Standard Chartered Bank for the construction of a major high-voltage transmission line.
Around Shsn475 billion (EUR 115.88 million) from Standard Chartered Bank to fund the development of critical oil roads.
The loans form part of government’s ongoing effort to strengthen Uganda’s production base, improve transport networks, and expand access to reliable electricity — all of which are seen as crucial to driving economic growth and attracting investment.
If approved, the financing is expected to play a transformative role in Uganda’s infrastructure landscape, supporting initiatives that align with Vision 2040 and the Third National Development Plan (NDP III).
However, analysts and legislators are likely to raise concerns about Uganda’s rising debt burden and the need for transparency and value-for-money in implementing these projects.
As the government seeks to balance development ambitions with fiscal sustainability, the parliamentary debate will be closely watched by policymakers, development partners, and citizens eager to see tangible improvements in the country’s infrastructure and economic competitiveness.
