Finance Minister Matia Kasaija welcoming African Development Bank Vice- President Dr.Kevin Kariuki at MoFPED

Finance Minister Matia Kasaija welcoming African Development Bank Vice- President Dr.Kevin Kariuki at MoFPED

Finance Minister Matia Kasaija welcoming African Development Bank Vice- President Dr.Kevin Kariuki at MoFPED

Press / January 31, 2024

Finance Minister Hon. Matia Kasaija met the AfDB Group Vice-President Power,Energy,Climate and Green Growth Complex Dr Kevin Kariuki who called on him at his office at ministry of finance. The Minister and  AfDB Group VP discussed the performance of AfDB Group portfolio in Uganda, performance of the economy and issues causing delays in implementation of some projects.

Hon Matia thanked the Bank for supporting Uganda especially in area of infrastructure development  (roads & energy). The Minister said Uganda's economy has remained resilient and is recovering from external and domestic shocks, adding that the economy is projected to grow at 6% in FY 2023/24,6.4% in FY 2024/25 and at an average of 7% in the medium term.

Dr.Kariuki on behalf of AfDB_Group pledged to continue working closely with the Government of Uganda to achieve its development goals.

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