Uganda’s Public Debt Reaches UGX 46 trillion – Report

Uganda’s public debt has grown to Uganda shillings 46 trillion (USD12.5bn) as at the end of June 2019 up from Shs 39 trillion (USD10.7bn) in June 2018, according to the latest Ministry of Finance report. This raises the share public debt from 34.8% of GDP in 2017/18 to 36.1% of GDP in 2018/19. Most of the debt is externally sourced,…

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