How Has Uganda Invested Borrowed Money?
As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to…
As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to…
Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders…
Typically, when a Ugandan woman applies for a loan to start or sustain a small business, chances are the door will be figuratively slammed in her face with the word…
Dfcu Bank has announced a significant dividend payout, totaling 6.8 billion shillings to its shareholders for the financial year ended December 31, 2023. This announcement was made during the bank’s…
19 th June, 2017 Hon. Matia Kasaija Minister Ministry of Finance, Planning and Economic Development KAMPALA RE: PUBLIC DEBT POSITION AND STATUS OF LOANS UNDER VARIOUS STAGES OF CONSIDERATION I…
Uganda runs a mixed economy with the private sector playing a dominant role in terms of asset ownership and development potential. As a result, economic growth is linked closely to…
The government has significantly increased its annual budget allocation for the oil and gas sector in anticipation of the country’s first oil production, which is set to begin by the…
Finance Minister, Matia Kasaija on Thursday read to the country the unprecedented 72.1 trillion shillings budget for the 2024/25 financial year. This is the biggest budget in Uganda’s history. Kasaija…
Theme: Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access. Delivered By Matia Kasaija (MP) Minister of Finance, Planning and Economic…
In January 2024, President Yoweri Museveni announced that government was drafting a strategy to expand Uganda’s Gross Domestic Product (GDP) ten times from USD 50 billion (financial year 2023/24) to…