Balance of payments

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

Foreign buying of Ugandan government debt fades after a record 2025

Non-residents hold $2.7bn of Ugandan government debt after buying $2.2bn in 2025, but quarterly purchases fell to $25.5mn in April to June

Four men working in an open-pit mine in the Democratic Republic of Congo

Trade deficit

Uganda’s trade deficit hits a record as mineral imports more than double

Uganda’s goods trade deficit reached a record $817mn in August as imports of mineral products excluding petroleum more than doubled, Bank of Uganda figures show

Foreign buying of Ugandan government debt fades after a record 2025

Uganda’s trade deficit hits a record as mineral imports more than double

More Balance of payments