Posted inEconomics

Uganda’s public debt set to exceed GDP threshold in 2023/24 financial year

Uganda’s public debt is set to increase from the current 48.4 percent to 53.1 percent in the financial year 2023, according to the estimated budget for the financial year 2023/24 released by the Ministry of Finance. For a debt to be sustainable, particularly for developing countries of which Uganda is part, the International Monetary Fund-IMF says […]

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