All successful companies and countries do it. Uganda is no different. It should borrow but it should ensure that the loans are ultimately profitable. This is where MPs can play a very positive role. They should embrace the need to borrow, especially because much of Uganda's loan stock is on concessional terms, but ensure that all borrowing has a positive net present value.
Infrastructural investment is of especial importance.
Roads and power generation and transmission will result in greater productivity and increased output. MPs should back such loans and only focus on whether the contract is clean and whether the project is properly integrated into the government's strategic plan for development of that sector. The same applies to lending in all key areas of the economy. One area where MPs suspicions are justified is 'tied aid' that is linked to purchases from a particular country or company. This can easily result in Uganda receiving substandard products.