Posted inEconomics

BoU cuts Uganda’s growth forecast to below 6% as inflation climbs

KAMPALA. The Bank of Uganda (BoU) has lowered its economic growth forecast for the 2026/27 financial year to between 5.5 percent and 6 percent, citing rising fuel prices, shilling depreciation and worsening global financial conditions. The revised projection, down from an earlier forecast of 6 percent to 6.5 percent, signals growing pressure on the domestic […]

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