Tag: International Monetary Fund-IMF

Parliamentary Committee on Defense and Internal Affairs Praises CID for Proper Accountability

National News
The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.

UPC Welcomes Removal of Dangerous Vehicles but Demands Comprehensive Transport Policy

National News
Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.
Business

Uganda Joining BRICS Creates New Economic Pathway

The BRICS poses as the epitome of Uganda’s independence, and through the set of reforms to introduce a new gold-banked currency, Uganda holds leverage since it baskets vast natural resources, specifically gold, uranium, oil, and many others, which makes it a valuable member of the BRICS.
Business

IMF Confirms Uganda to Be Fastest-Growing Economy in Africa

The increase of Uganda’s per capita income from $898 to 1146 in 2024 and the increase of the Gross Domestic Product (GDP) from $16 to $20 in 2023—all these, including many others—resulted in Uganda being recognized by the IMF as one of the fastest-growing economies. 
Business

Economists Attribute Delayed Appointment of BOU Governor to IMF,...

Some Ugandan economists have blamed the International Monetary Fund (IMF) and the World Bank for the continued delay in...
National News

IMF Approves $120 Million Disbursement to Support Uganda’s Economic...

The International Monetary Fund (IMF) has approved the immediate disbursement of the equivalent of SDR 90.25 million (about US$120...
National News

Prof. Ndebesa Criticises Rationalization of Gov’t Agencies in Uganda

Professor Mwambutsya Ndebesa, a Makerere University lecturer at the College of Humanities and Social Sciences, has criticised the government’s...

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