Uganda eyeing a 6.4% economic growth rate in FY 2024/25
During a recent media briefing on the state of the economy and the expenditure releases for the fourth quarter of the current financial year (FY 2023/24), the Ministry of Finance,…
During a recent media briefing on the state of the economy and the expenditure releases for the fourth quarter of the current financial year (FY 2023/24), the Ministry of Finance,…
In the financial year 2022/2023, Uganda’s economy grew to UShs184.89 trillion (US$ 49.5 billion), a notable increase from the previous year’s figure of Shs162,750 billion (US$ 45.6 billion) recorded in the financial year 2021/22. This growth represents a real-term expansion of 5.2 percent, surpassing the 4.6 percent growth recorded in the preceding financial year.
At the headquarters of the African Development Bank (AfDB) in Abidjan recently, there were broad smiles, (and nothing to do with Afcon), at the revelation that Africa will account for…