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Uganda: Public Debt Soars As Uganda Seeks to Borrow Shs 9.7 Trillion
Observer, 18 May 2022
Government is set to borrow Shs 9.7 trillion in a bid to finance its Shs 47 trillion 2022/2023 financial year budget, the National Budget Framework Paper indicates. Read more »
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Uganda: More Gloom for Tax Payers As Public Debt Raises to Shs 73.7 Trillion
Independent (Kampala), 12 January 2022
Coronavirus pandemic induced borrowing has seen Uganda's public debt raise 3.1% to Shs 73.78trillion compared to June 2021, says the Bank of Uganda in its latest report on the… Read more »
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Uganda: Public Debt Has Reached Worrying Levels - Kasaija
Monitor, 2 July 2021
Finance Minister Matia Kasaija has started getting concerned due to the rapid surge in debt levels which has now surpassed the 50 per cent threshold to gross domestic product. Read more »
Public Debt Soars As Uganda Seeks to Borrow Over U.S.$2 Billion
The government is set to borrow U.S.$2.6 billion in a bid to finance its S.$12.8 billion 2022/2023 budget, the National Budget Framework Paper indicates. Under the theme 'Full monetization of the economy through commercial agriculture, industrialization, market access and digital transformation' the budget framework paper shows that total resources available for government expenditure will be obtained from both domestic and external sources.
InFocus
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Uganda's debt levels has hit a record U.S.$18 billion as of December 2020, up from U.S.$13 billion in 2019. The country's public debt portfolio is projected to swell in the next ... Read more »
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Taxes on imports and petroleum products and pay as you earn remittances will be the government's biggest revenue generators to fund the country's 2019/20 Financial Year budget. ... Read more »
