Govt Seeking approval to Borrow $90m for New Schools
Government is seeking Parliament’s approval to borrow $90m (Shs 329b) from the World Bank for the construction of new secondary schools in 116 sub-counties.
The State Minister for Education and Sports, Hamson Obua, yesterday presented the request to the House committee on national economy, chaired by Nakaseke County MP Sydah Bbumba.
Obua said the funds will be utilised to construct secondary schools in districts, which came into existence in 2016.
The project will be implemented in sub-counties with a high unsatisfied demand for lower secondary education and with no public secondary school.
He said the total project cost is $150m (Sh 550b). A total of $60m (sh220b) will be used to construct secondary schools in the refugee-hosting districts.
Among the activities to be financed by this fund are construction of schools under the Uganda Inter-Governmental Fiscal Transfers (UGIFT) programme implemented in the refugee-hosting districts.
Districts include; Kamwenge, Yumbe, Moyo, Arua, Madi, Okollo, Adjumani, Kyegegwa, Kamwengie, Kiryadongo, Hoima, Kampala, Isingiro and Lamwo among others.
The fund is under the Uganda Secondary School Education Expansion Project (USEEP) implemented by the Education Ministry, while sh220b is under the UGIFT.