inflation
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News
Uganda’s economy strengthens in April amid rising inflation and export growth
KAMPALA, May 23, 2025 –– Uganda’s economy showed continued signs of recovery in April 2025, supported by stronger business activity, robust export growth, and stable financial conditions, according to the Ministry of…
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News
Gov’t considers issuing corporate bonds to fund state-owned enterprises
KAMPALA, May 13, 2025 –– Government is exploring plans to issue corporate bonds in the upcoming financial year as a strategy to raise capital for state-owned enterprises, and to rejuvenate the country’s…
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News
Low revenue forces gov’t to borrow Shs 2trn in January
KAMPALA, March 1, 2025 – In January 2025, government operations resulted in borrowing of Shs 2,065.45 billion, exceeding the planned fiscal deficit of Shs 1,952.72 billion for the month, according to the…
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News
Economic Outlook for 2025 weighed down by fragmentation, debt and political uncertainty
KAMPALA, 16 January 2025 – The global economy is set to face significant challenges in 2025, with 56 percent of chief economists surveyed expecting conditions to weaken, according to the latest Chief Economists Outlook from…
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News
Africa must strengthen accountability and governance to prosper – Botswana President Duma Boko
GABORONE, November 25, 2024 — Africa’s economic success and sustainability are intrinsically linked to accountable governance, Botswana’s President, Duma Boko, stressed at the opening of the 2024 African Economic Conference in Gaborone.…
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News
Uganda secures Shs 468bln loan from IMF
KAMPALA, March 7, 2024: The Executive Board of the International Monetary Fund [ IMF ] yesterday concluded the fifth review of Uganda’s Extended Credit Facility [ECF] Arrangement, enabling the immediate disbursement of…
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National
Private sector credit grew 1.6 percent in September 2023, says new report
KAMPALA, November 28, 2023 – The stock of total outstanding private sector credit in Uganda grew by 1.6 percent to Shs 21.17 trillion in September 2023 from Shs 20.84trn in August 2023,…
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News
Opposition finds extra Shs10trn revenue in alternative budget
KAMPALA-For the first time in Uganda, the Leader of the Opposition in Parliament, Mathias Mpuuga last Friday presented an alternative to the government’s 2023/4 budget, finding Shs10 trillion on the revenue side…
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Cooperatives & Communities
Minister Kwiyucwiny urges cooperatives to stabilise market prices
OTUKE-Cooperatives in northern Uganda have a role to play in stabilising market prices in the region by releasing a given quantity of the stored commodities to the market whenever prices seem to…
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Finance & Banking
BoU CBR spiked to 10 percent as inflation rises again
KAMPALA-The Bank of Uganda [ BoU ] has in the Monetary Policy Statement [MPS] for October 2022, raised the Central Bank Rate [CBR] to 10 percent from 9 percent previously. That followed…
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