USh Named World’s Most Stable

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Uganda’s shilling emerged as the world’s most stable currency, appreciating 2.45% against major currencies in the year ending December 2025, according to Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury. The currency’s strength reflects low inflation, disciplined fiscal management, strategic fuel imports, and government investment in food production. Uganda recorded 6.3% GDP growth in FY2024/25, a $2.37 billion balance of payments surplus, and rising exports, FDI, and remittances, highlighting strong macroeconomic fundamentals.