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NUP Attacks IMF For It’s Approval Of Loans To Ugandan Government

Opposition political party NUP, has expressed it’s disappointment in the International Monetary Fund after it agreed to advance help towards Uganda.

Opposition political parties have for a long time called upon these international organizations and Western governments to stop funding Uganda.

They allege that the funds usually given out are used to suppress them and people instead of their intended purpose.

Last year, Uganda received relief from the West but failed to account for it.

Calls from both citizens and government critics have tasked the government to be transparent and accountable about these funds but in vain.

The IMF announced yesterday how it had approved a US$1 billion financing package to Uganda as COVID 19 relief.

“The IMF Executive Board has approved a US$1 billion financing package for Uganda to support the COVID-19 response and recovery.

The program includes reforms to strengthen governance and transparency.” IMF announced.

Therefore, this attracted the attention of NUP which launched a scathing attack on the body.

NUP said that it was predatory for the IMF to advance more funds to Uganda which could not account for the previous funds.

“It’s predatory for the #IMF to agree to lend more funds to a regime which failed to account for a significant sum from the 2020 Covid Relief loans received. They misappropriated this on suppressing political opposition and on violating the #HumanRights of the people of #Uganda.” NUP wrote.

For a long time, opposition parties thought they have the support of Western powers and these international bodies.

However, at the end, this shows the government and President Museveni are still their strong allies.

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