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Parliament’s role in ending public debt secrecy
In 2022, the Ugandan parliament issued a scathing report on the terms of a USD 207 million dollar loan deal with the Export-Import (Exim) Bank of China. The Government had borrowed the money in 2015 to fund the expansion of the Entebbe International Airport but the loan text included a stringent confidentiality clause that imposed confidentiality on the borrower as opposed to the lender. The agreement bypassed normal domestic oversight processes – including meaningful parliamentary scrutiny and thorough government vetting. In 2026, amid continuing concerns about the scale and opacity of borrowing, Uganda’s parliament ordered a comprehensive review of the country’s entire public debt management. […]