Please log-in to report.
Rising Costs, Loans Burden Uganda
Uganda faces rising public debt and inflation pressures as the government pursues large infrastructure, energy, and agriculture projects. Total debt has reached about 50–53% of GDP, with domestic borrowing carrying high interest and external loans partly funding roads, dams, and other developments. Citizens experience higher transport, food, and operational costs, while the shilling’s recent 5.6% appreciation supports exports and lowers import costs. Authorities aim to manage debt strategically with support from the IMF and the World Bank.
Comments 0
You must be logged in to post comments