IMF Assesses Uganda’s Economy as Stable

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The International Monetary Fund (IMF) concluded its 2025 Post-Financing Assessment with Uganda, finding robust economic performance. Real GDP grew 6.3% in FY24/25, inflation stayed below 4%, and the current account deficit narrowed to 6.1% of GDP. Foreign exchange reserves exceeded three months of imports. The IMF assessed Uganda’s repayment capacity as adequate but cited risks from portfolio outflows, commodity shocks, and oil project delays. Authorities pledged fiscal consolidation, prudent monetary policy, and exchange rate flexibility.