Uganda: Biggest Events That Shaped Business in 2018

18 December 2018

The National Budget
While delivering the Budget Speech for financial Year 2018/19 in June, finance minister Matia Kasaija said: "Economic stability has been consistently maintained with the economy growing at an average annual rate of growth of 6.5 per cent for the last 30 years, together with fairly low inflation."

He continued: "Madam Speaker, economic output is estimated to grow by 5.8 per cent during this financial year, higher than the performance of 3.9 last year. The size of the economy is now Shs101.8 Trillion equivalent to $ 27.9 billion."

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