Business

IMF warns Uganda over widening budget deficit despite strong economic growth

The International Monetary Fund (IMF) has cautioned Uganda over its deteriorating fiscal position and warned that rising government expenditure and increasing debt servicing costs...

EPRC urged to drive evidence-based research for Uganda’s economic ambition

Finance Minister Henry Musasizi has tasked the Economic Policy Research Centre (EPRC) with strengthening evidence-based economic policy research and analysis to support Uganda’s ambition...

EAC governors push for faster reforms to deliver single currency by 2031

Governors of central banks from across the East African Community (EAC) have reaffirmed their commitment to introducing a single regional currency by 2031, even...

Gov’t prioritises infrastructure in industrial parks to drive investment

The government has directed the Uganda Investment Authority (UIA) to fast track the completion of critical infrastructure in industrial parks, saying improved roads, reliable...

Retirement savings hit Shs36t as gov’t pushes for pension reforms to drive economic growth

Uganda's retirement benefits sector has reached a total pension assets growth of Shs36 trillion, prompting government to rally the Uganda Retirement Benefits Regulatory Authority...

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