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Economy
Bank of Uganda cuts policy rate by 0.5%
Bank of Uganda on Wednesday lowered the central bank rate by 0.5% to 11.5% from the 12% set in December.
February 15, 2017
Economy
Uganda economy to grow 5% in 2017 – Stanbic Bank
After growing at an average rate of 7.8% in 1990-2010, the expansion of Uganda's economy slowed to 4.5% in the five years to 2016. The prevailing consensus among economists is that growth this year will hew to the rate of the last few years.
February 14, 2017
Economy
Uganda unlikely to achieve middle income status by 2020, World Bank says
The World Bank says Uganda's economy must grow by 12% each year until 2020 if it is to achieve its goal of middle-income status by that time. But that is twice the growth rate it considers realistic for Uganda's GDP in the medium-term
February 7, 2017
Economy
Uganda’s GDP contracts 0.2% in Q1 of 2016/17
Uganda's economy contracted by 0.2% in the first quarter of 2016/17 – the second decline in 11 quarters – with shrinking value in the agricultural sector responsible for the decline, according to estimates released by the Uganda Bureau of Statistics.
January 2, 2017
Economy
Uganda to grow 4.9% in 2016 – IMF
The Uganda economy is set to grow at 4.9% in 2016, according to a report released by the International Monetary Fund, slightly higher than the 4.8% registered in 2015. It also forecasts a real GDP growth of 5.5% in 2017.
October 26, 2016
Data
Economy
Uganda GDP grows 1.4% in final quarter of 2015/16
Real Gross Domestic Product expanded at an annualised rate of 1.4% in the fourth quarter of financial year 2015/2016 (April - June), compared to a 0.1% (revised) decline in the third quarter, according to data from the Uganda Bureau of Statistics.
October 1, 2016
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