Kasaija appeals to MPs to approve loan for Luwero-Butalangwa road construction.

Minister of Finance, Matia Kasaija.

Minister of Finance, Matia Kasaija.

Minister of Finance, Planning and Economic Development, Matia Kashaija has asked members of parliament on the National Economy Committee to approve a loan request for the construction of Luwero-Butalangwa road to facilitate investment in the areas which were torn apart during the National Resistance Army (NRA) Liberation war in the early 1980s.

Kasiaja said there is urgent need to upgrade the road since it has been impassable during rainy season. He said this while appearing before the Parliamentary Committee on National Economy to defend the loan request of 11.5 million dollars for the construction of this 29 km road.

He said that this will be one of those roads connecting the created industrial park to other investors who are going to manufacture road works material.

He told MPs that they should approve this loan without fear that government will fail to service it, adding that though the country’s debt now stands at 7.4 billion dollars, the money will be cleared in due course.

The Chairperson of the National Economy Committee of Parliament who is also the MP for Nakaseke,North County, Syda Bumba said that this road if constructed will connect the country to one of the area where much milk is produced.

 

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