The financial year 2020/2021 was largely challenging due to the COVID-19 pandemic hit that negatively affected all sectors of the economy, according to the Bank of Uganda annual report for 2021 ...

Uganda's economy is seen expanding by between 3.8%-4.5% in the fiscal year to end June from 3.4% growth in the same period in 2021, helped by the easing of restrictions aimed at containing COVID ...

In a December report, Bank of Uganda said the economic outlook was extremely uncertain, due to the unpredictable course of Covid-19 ...

Uganda’s economy is on the path to recovery with an economic growth of 4.6% registered in the 2021/2022 financial year, finance minister Matia Kasaija has said.

Uganda’s economy registered a 3.3 percent growth rate for the financial year 2020/21 up from 3 per cent registered in 2019/20 even as Covid-19 pandemic wreaked havoc in Uganda and other parts of ...

Following a pick-up in economic activity, according to the preliminary estimates of the Gross Domestic Product (GDP) released by the Uganda Bureau of Statistics (Ubos), Uganda's economy expanded ...

“Even with higher growth prospects, per capita GDP will remain well below the target of the Third National Development Plan, meaning Uganda will now take longer to become a lower-middle-income country ...

Uganda's central bank kept its key lending rate at 7% on Monday, saying the pace of economic recovery had lost momentum since its last monetary policy meeting in December.

The IMF has approved a three-year financing arrangement for Uganda under the Extended Credit Facility (ECF), which will generate more inclusive, sustainable growth.