Kamwokya Times
Advertisement
  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact
No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact
No Result
View All Result
Kamwokya Times
No Result
View All Result
Home News

Stalled World Bank funded projects to be fasttracked

Kamwokya Times by Kamwokya Times
November 6, 2026
in News
0 0
0
Stalled World Bank funded projects to be fasttracked

Speaker Oboth (R) during the meeting with the World bank country team.

Share on FacebookShare on X

World Bank Country Manager, Dr Akala 

The Speaker Jacob Marksons Oboth has promised to fast-track all World Bank funded projects that have stalled due to lengthy government approvals and procurement processes.

Oboth made this commitment while meeting the World Bank Country Manager, Dr. Francisca Ayodeji Akala on Thursday, 05 November 2026.
The Speaker said that stalled projects are affecting the country’s development agenda.
“As Parliament, we reaffirm our commitment to strengthening engagement with development partners, including the World Bank in advancing Uganda’s development priorities,” Oboth said.

Speaker Oboth commended the World Bank Group for its long-standing partnership with Parliament which he said has broadened members’ understanding of global financing and monetary policy.

He urged the bank to remain accessible, flexible and to continue offering affordable financing.
“That is our expectation that the most accessible and generous financing still remains the World Bank,” he said.

The Speaker urged the World Bank team for more engagement with the Prime Minister’s Office and the Members of Parliament to understand the institution’s critical role in Ugandan’s development.

Dr. Akala said that the bank aligns not only with government but also with Parliament, the private sector and the people of Uganda.
“The World Bank Group brings not just financing but also knowledge and engagement with the private sector,” she said.

Other InterestingArticles

Running to Museveni Fails to Save Ofwono Opondo as Gen Kainerugaba Registers His Readiness to Attend his Funeral in Mulanda

UPDF returns from Somalia; Semujju won’t eat his chicken

NWSC Unveils Six-Month Plan to Increase Water Supply Hours Across Kampala

Kampala’s Water Crisis in the Spotlight as NWSC Moves to Tackle Distribution Bottlenecks

NWSC Sets 60-Day Countdown as It Launches Six-Month Plan to End Kampala’s Persistent Water Supply Woes

Muhoozi Announces Plans to Step Down as Uganda’s Military Chief

What Kampala Water Customers Should Expect as NWSC Rolls Out Six-Month Improvement Plan

Tayebwa Briefs Pacific Parliamentarians on OACPS Reforms

She explained that the group operates through three arms; the International Development Association (IDA), which provides concessional financing, grants and technical assistance; the International Finance Corporation (IFC), which offers investment and advisory support to the private sector; and the Multilateral Investment Guarantee Agency (MIGA), which provides guarantees and political risk insurance.

Dr Akala said the bank’s support is increasingly focused on job creation, especially for young people.
“Our ambition, working together with Government, is to have more and better jobs supported by stronger institutions, human capital and infrastructure,” she said.

She, however, raised concerns over delays in the approval of bank-funded projects and in procurement and contract management, which she said slow down implementation.
“Some of these things take long because there is a lengthy approval process. Procurement in Uganda takes close to 600 days,” Akala said.

Speaker Oboth said the delays had long been a concern for Parliament, citing the Electricity Access Scale-up Project (EASP) which he said has run since 2022/23 without power reaching the intended beneficiaries.

“Both parties are in this boardroom, and we agree. So why is it taking so long? It has become a blame game,” the Speaker said. He directed the relevant committees to engage the bank and government to resolve the bottlenecks-Ug. Give us feedback on this story through our email: kamwokyatimes@gmail.com

Post Views: 26

Read RelatedArticles

Running to Museveni Fails to Save Ofwono Opondo as Gen Kainerugaba Registers His Readiness to Attend his Funeral in Mulanda
News

Running to Museveni Fails to Save Ofwono Opondo as Gen Kainerugaba Registers His Readiness to Attend his Funeral in Mulanda

November 6, 2026
43
UPDF returns from Somalia; Semujju won’t eat his chicken
News

UPDF returns from Somalia; Semujju won’t eat his chicken

November 6, 2026
16
NWSC Unveils Six-Month Plan to Increase Water Supply Hours Across Kampala
News

NWSC Unveils Six-Month Plan to Increase Water Supply Hours Across Kampala

November 6, 2026
5
Kampala’s Water Crisis in the Spotlight as NWSC Moves to Tackle Distribution Bottlenecks
News

Kampala’s Water Crisis in the Spotlight as NWSC Moves to Tackle Distribution Bottlenecks

November 6, 2026
3
NWSC Sets 60-Day Countdown as It Launches Six-Month Plan to End Kampala’s Persistent Water Supply Woes
News

NWSC Sets 60-Day Countdown as It Launches Six-Month Plan to End Kampala’s Persistent Water Supply Woes

November 6, 2026
2
Muhoozi Announces Plans to Step Down as Uganda’s Military Chief
News

Muhoozi Announces Plans to Step Down as Uganda’s Military Chief

November 6, 2026
11

Top Stories

Stalled World Bank funded projects to be fasttracked
News

Stalled World Bank funded projects to be fasttracked

by Kamwokya Times
November 6, 2026
0
4

Read more

Running to Museveni Fails to Save Ofwono Opondo as Gen Kainerugaba Registers His Readiness to Attend his Funeral in Mulanda

UPDF returns from Somalia; Semujju won’t eat his chicken

NWSC Unveils Six-Month Plan to Increase Water Supply Hours Across Kampala

Featured News

Stalled World Bank funded projects to be fasttracked
News

Stalled World Bank funded projects to be fasttracked

by Kamwokya Times
November 6, 2026
0
4

Read more

Running to Museveni Fails to Save Ofwono Opondo as Gen Kainerugaba Registers His Readiness to Attend his Funeral in Mulanda

UPDF returns from Somalia; Semujju won’t eat his chicken

NWSC Unveils Six-Month Plan to Increase Water Supply Hours Across Kampala

Kamwokya Times

Copyrights © 2024 All Rigts Reserved

  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact

No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact

Copyrights © 2024 All Rigts Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected !!
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?