Ramathan Ggoobi

In the financial year 2022/23, the government provided tax exemptions amounting to a significant Sh. 2.97 trillion, according to a report by the Ministry of Finance. This substantial figure represents …

The Government has been telling Ugandans that the economy has fully recovered from the economic shocks and crises such as COVID-19. This was first announced by Finance Minister, Matia Kasaija …

By Hellenah Niwasiima According to the highlights from the latest State of the Economy Report, Uganda stands out with a story of resilience and strategic foresight amidst its economic uncertainties. …

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 …

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 …

Every time the Uganda shilling approaches a round figure exchange rate threshold against the United States dollar, tongues begin wagging.  Currently, the shilling is flirting with the UGX4000 mark and …

The Ministry of Finance Planning and Economic Development has revised the budget estimates for the financial year 2024/25 upwards from 52.7 trillion shillings to 53.3 trillion shillings.

By Ramathan Ggoobi Many people, especially non-economists, often wonder why economists emphasise GDP more than any other economic concept. It is not uncommon to hear people wondering, “Are we going …