Posted on October 21, 2010 by westerhof| Leave a comment
Uganda and Germany have signed a bilateral financing agreement worth over sh470b to support the promotion of renewable energy, energy efficiency, water and sanitation provision as well as easing access to rural finance.
The signing marked the conclusion of negotiations held in May between representatives of the two governments.
The ceremony took place yesterday at the finance ministry's boardroom between the Finance Minister, Syda Bbumba, German envoy to Uganda Klaus Dieter Duxmann and Nobert Kloppenburg, the board manager of KfW, the German development bank.
Bbumba said the funds will contribute to the provision of safe water in the country, where currently 66% of Ugandans have access to safe water in rural and urban areas.
Part of the money will be used to support the financial sector as well as ensuring efficient use of government resources for better service delivery.
Duxmann said the basis of German relations with Uganda lies in the respect for democratic institutions, human rights, rule of law, as well as promotion of peace and stability in the region.
He commended the Government for making progress in development and achieving the targets outlined in the recently-launched National Development Plan.
On corruption, he said there is need for the Government to speed up the follow up of corruption cases as noted in the Auditor General's report and the report of the Africa Peer Review Mechanism.
He disclosed that Germany will support the office of the Prime Minister in implementing the Peace, Recovery and Development Plan for northern Uganda and set up a programme to strengthen human rights in Uganda.
Source: Raymond Baguma, New Vision /allAfrica.com, 18 October 2010
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