(4) The President shall, at such times as Parliament may determine,
cause to be presented to Parliament such information concerning any loan as
is necessary to show—
(a) the extent of the total indebtedness by way of principal and
accumulated interest;
(b) the provision made for servicing or repayment of the loan; and
(c) the utilisation and performance of the loan.
(5) Parliament may, by resolution, authorise the Government to enter
into an agreement for the giving of a loan or a grant out of any public fund or
public account.
(6) An agreement entered into under clause (5) of this article shall be
laid before Parliament and shall not come into operation unless it has been
approved by Parliament by resolution.
(7) For the purposes of this article, the expression “loan” includes any
money lent or given to or by the Government on condition of return or
repayment and any other form of borrowing or lending in respect of which—
(a) monies from the Consolidated Fund or any other public fund may
be used for payment or repayment; or
(b) monies from any fund by whatever name called, established for
the purposes of payment or repayment whether in whole or in part
and whether directly or indirectly, may be used for payment or
repayment.
(8) Parliament may by law exempt any categories of loans from the
provisions of clauses (2) and (3) of this article, subject to such conditions as
Parliament may prescribe.
160. Public debt.
(1) The public debt of Uganda shall be charged on the Consolidated
Fund and other public funds of Uganda.
(2) For the purposes of this article, the public debt includes the
interest on that debt, sinking fund payments in respect of that debt and the
costs, charges and expenses incidental to the management of that debt.