Wednesday, June 20, 2007

Uganda legal wrangles stall power projects - IMF

(Reuters) - Uganda has the resources to fix its crumbling infrastructure, seen as the last barrier to meeting its 7 percent growth target, but is being held up by legal disputes over projects, the IMF said on Wednesday.

IMF's Uganda country director Abebe Aemro Selassie told Reuters in an interview that Uganda's budget was in a strong position to finance urgently-needed road and energy projects.


Read more at Reuters Africa

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