Tag Ministry of Finance

Uganda’s Mounting Debt: A New USD400 Million Loan and Deepening Crisis of Public Trust Due to Corruption

The government of Uganda has announced plans to secure a new USD 400 million (over Shs1.4 trillion) loan from a consortium of lenders, including the African Development Bank (AfDB), the International Fund for Agricultural Development(IFAD), the Islamic Development Bank and UniCredit…

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Building the USD500 Billion Vision: How Uganda’s Economic Fundamentals Fuel the Tenfold Growth Strategy

The Ministry of Finance, Planning and Economic Development has released a comprehensive economic outlook that provides a clear and compelling narrative for Uganda’s future. The data points to a steady and robust upward trajectory, affirming that the nation’s ambitious goal…

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Uganda’s Economic Future at Crossroads as Experts Warn Against Oil Reliance and Urge Fiscal Discipline

At the 9th High-Level Economic Growth Forum in Kampala held recently, a stark warning was delivered to Ugandan policymakers: mismanaging anticipated oil revenues and over-relying on non-tradable sectors could derail the nation’s long-term economic stability. During the said Forum, top…

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Uganda’s Economy on a Strong Growth Trajectory with Strategic Path to a USD500 Billion Future –Min. Kasaija

Uganda’s economy has demonstrated remarkable resilience in the first half of 2025 and is now on a robust upward trajectory, with key indicators pointing to strong and sustainable growth. This was revealed today by Hon. Matia Kasaija, the Minister of…

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World Population Day: Uganda to Unveil Initiatives for Inclusive Growth and Economic Development

Uganda is poised to join the global community in commemorating World Population Day (WPD) on Friday, July 11, 2025, with national celebrations scheduled at Busaana Town Council Grounds in Kayunga District. Under the captivating theme, “Promoting Population Health and Well-being…

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