Mode of Operation
In order to achieve its objective, UDB is empowered, by its statute, to provide financial assistance in the form of loans and by way of equity participation. To enable it to finance the various projects, UDB is empowered to borrow funds from both local and foreign sources, within the borrowing limits determined by the Ministry of Finance, Government of Uganda.
Read more about this topic: Uganda Development Bank
Famous quotes containing the words mode of, mode and/or operation:
“Literature exists at the same time in the modes of error and truth; it both betrays and obeys its own mode of being.”
—Paul Deman (1919–1983)
“A man of genius has a right to any mode of expression.”
—Ezra Pound (1885–1972)
“You may read any quantity of books, and you may almost as ignorant as you were at starting, if you don’t have, at the back of your minds, the change for words in definite images which can only be acquired through the operation of your observing faculties on the phenomena of nature.”
—Thomas Henry Huxley (1825–95)