Govt Failing to Hit Monthly Toll Collection Target on Entebbe Expressway

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Gov't Failing to Hit Monthly Toll Collection Target on Entebbe Expressway Top story

22 Aug 2022, 07:13 Comments 1313 Views Kampala, Uganda Business and finance Security Tourism Updates

Motorists queue up at the Kajjansi toll plaza as tolling exercise commenced

In short
According to the loan agreement, the repayment schedule runs from July 21, 2019, to January 21, 2032. In the 13-year repayment period, the government plans to pay $26.8 million (about Shs 95 billion) every year. This means that the government should collect at least Shilling 7.8 billion monthly to meet the loan obligation.

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