Uganda Parliament Approves Shs734B for Solar Irrigation

Parliament approved a €168.9 million loan for Phase II of the solar-powered irrigation project.

Uganda Parliament Approves Shs734B for Solar Irrigation

Image: monitor.co.ug

Parliament on Wednesday approved a loan request allowing the government to borrow up to €168,976,354 (approximately Shs734.2 billion) for the development of Phase II of the solar-powered irrigation systems project. The loan, tabled by Finance Minister Henry Musasizi, aims to expand irrigation infrastructure to boost agricultural productivity.

The project is expected to cover multiple districts across Uganda, providing solar-powered irrigation systems to smallholder farmers. The initiative is part of the government's broader strategy to mitigate the effects of climate change and reduce reliance on rain-fed agriculture.

Details on the specific districts and implementation timeline were not immediately available. The loan is subject to final approval from the relevant lending institutions.

❓ Frequently Asked Questions

What is the total amount of the loan approved?

The loan is for €168,976,354, approximately Shs734.2 billion.

Who tabled the loan request in Parliament?

Finance Minister Henry Musasizi tabled the loan request.

What is the purpose of Phase II of the solar-powered irrigation project?

The project aims to expand solar-powered irrigation systems to boost agricultural productivity and reduce reliance on rain-fed agriculture.

📰 Source:
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