1. China can't take Uganda's assets - Kasaija  The Observer
  2. Each Ugandan could pay shs1m to clear Shs 40trillion debt  NTVUganda
  3. Uganda's national debt is manageable - Minister Kasaija  NTVUganda
  4. View full coverage on Google News

China will not take over Uganda's assets because of failure to pay back loans, Finance minister Matia Kasaija has said. Kasaija says Ugandans shouldn't be at all worried because all the money owed to China shall be serviced thanks to the smart investment decisions being made by government officials. Uganda owes China $1.6bn (about Shs 6 trillion). Kasaija said Uganda's economy is growing at a faster pace, adding that unless there is a catastrophe, nothing will stop Uganda from servicing the Chinese loans.   

Finance Minister Matia Kasaija says that government will meet its debt obligations despite public fears, over the state of indebtedness. Addressing journalis...

The Minister of Finance Matia Kasaija has said that government will meet its obligations in clearing foreign and domestic debts. Addressing journalists at Me...