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World Bank Reexamining Uganda Aid

Writer's picture: OurStudioOurStudio

(Reuters)—The World Bank said on Wednesday it was reassessing its assistance to Uganda over corruption allegations, potentially adding more fiscal strain on the east African country reeling from aid cuts by four major European donors.

Uganda's largest bilateral donor, the United Kingdom, alongside Norway,Ireland and Denmark, recently announced their suspension of aid after a report by the auditor general showed about $13 million was embezzled by officials in the prime minister's office.

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