Uganda has default on membership fees for the regional bloc, the Intergovernmental Authority on Development (Igad), under which it plays key role in regional security.
According to Daily Monitor, the arrears have accumulated to $8 million (Shs24 billion) and government officials risk being blocked from attending IGAD meetings.
“One of those countries defaulting worst is the Republic of Uganda owing IGAD more than $8 million in arrears,” the source said.
State minister for Foreign Affairs Henry Okello Oryem confirmed government has accumulated arrears because there is no money.
“It’s very unfortunate that we have those arrears. But we are willing to pay. We hope the Ministry of Finance will release the money to clear the arrears,” the minister said.
Other countries that have defaulted are Sudan with $2 million (about Shs7 billion), South Sudan with $1.5 million (about Shs5.3 billion), Kenya with $1 million (about Shs3.5 billion) and Ethiopia with $1.7 million (about Shs6 billion).
