Trade ministry seeks Shs 514 bn budget boost to capitalise UDC

The Ministry of Trade, Industry and Cooperatives has asked for a budget of Shs 514.96 billion next financial year, with a large share earmarked for capitalising the Uganda Development Corporation (UDC). Presenting a report to parliament’s budget committee, the chairperson of the committee on trade, industry and cooperatives, Boniface Okot, said the proposed allocation reflects…

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