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Uganda is set to receive a fresh loan from the International Monetary Fund (IMF). The global lender recently approved a $120 million loan to the East African country following approval from the IMF board. The loan under an Extended Credit Facility follows a line of disbursements that dates back to 2021. The IMF injects $120 million into Uganda’s economy.The loan aims to support fiscal consolidation and sustainable growth.Additionally, the EU disbursed €218.5 million for projects promoting women’s businesses and renewable energy.According to a report seen in The East Africa, Uganda has been gra…

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