[Ugnet] Re: [FedsNet] news:Uganda Foreign Debt Grows

Wed, 04 May 2005 13:40:14 -0700

Don't forget:
 
1. US $5MILLION to service Mu7's jet.
2. A new State House budgeted at US $150 MILLION. Recall: this came after the public complained of the proposed US $70,000,000.00 tab to refurbish the old State House.
3. Museveni's US $400,000.00 Range Rover
4. Museveni's US $1,000,000.00 Mercedes Benz
5. Padded expenditures on every single government procurement & project, e.g. the millions of extra dollars spent on Bujagali dam, the geothermal energy project
6. Monies Museveni directed the government handout to bail out a private businessman, one Basajjabalaba. No need to mention the indefatigible Mu7's efforts to "sell" off the Dairy Corporation for the princely sum of One genuine United States Dollar.
7. The $300,000.00 we must annually dole out to one Black American, Rose Whittaker as an "AGOA Consultant" of Tri-Star fame -- although Uganda has never exported anything worth even one tenth of her fee as a result of her efforts in any given year.
 
And not to mention that, for good measure, we are paying for our own re-colonization:
 

David Dorward, 'The African Growth and Opportunity Act, 2000: American Penetration of Africa under the guise of commercial opportunity", Boab Connection of the Australia-Southern Africa Business Council (Winter 2000) pp. 12-13.

 

David Dorward, "American Re-colonisation of Africa: African Growth and Opportunity Act, 2000". LaTrobe Forum XVI (Aug 2000), pp. 29-31.
 
 
etc, etc,

Christine Nabukeera <[EMAIL PROTECTED]> wrote:
And then Prof. Nsibambi wants his Pajeros.

musamize <[EMAIL PROTECTED]> wrote:

Foreign Debt Grows

New Vision (Kampala) 
May 3, 2005 

By Isaac Kalembe

UGANDA owes international organisations sh15.3b subscription fees arrears that have accumulated over the years.

 

"Uganda has defaulted in its international obligation," finance committee chairperson Maj. (rtd) Bright Rwamirama (Isingiro North) said yesterday. Rwamirama, who was presenting the committee's sh45.150b proposed 2005/06 budget to the budget committee, said the default had dented Uganda's international credibility. "Some Ugandan delegates shy away from international fora because of the debt. The Government should allocate more resources to meet its international obligations and redeem its credibility," he said.

Budget committee chairperson James Mwandha (disability) said the country's debt to international organisations might be as high as sh 50b. "The total arrears may be bigger than the total annual budget. Last year, the tourism ministry's arrears was sh1.293b," he said.

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