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Economy
Politics & Policy
Bank of Uganda holds rates, warns of rising public debt
Central bank maintains key interest rate at record low, noting gradual but subdued economic growth and favourable inflation outlook
April 14, 2021
Economy
Politics & Policy
Finance minister downplays debt worries
The minister of finance used a hastily called press conference on Tuesday to deny that the government's borrowing is out of control, days after the auditor general's critical report to Parliament
January 8, 2019
Economy
Politics & Policy
Public debt rises to Shs41 trillion on Hoima airport, Karuma dam loans
Uganda's public debt rose by 22.9% to Shs41.5 trillion at the end of 2017/2018 on account of loans to construct Kabaale International Airport and complete the Karuma hydropower dam
January 7, 2019
Opinion
Politics & Policy
The Debt Challenge to African Growth
Sub-Saharan Africa is confronting a pronounced rise in public debt. At the end of 2017, average public debt in the region was 57% of its GDP, an increase of 20 percentage points in just five years
May 25, 2018
Economy
Central Bank changes pricing system for government debt
The Bank of Uganda has announced a change in the pricing of government debt in primary auctions from the current multiple prices to a single price, according to a statement issued on Monday
May 21, 2018