Tag: International Monetary Fund-IMF

Mugumya, a former aide to former presidential candidate Dr. Kizza Besigye, has previously been at the center of politically charged cases. His latest case comes at a time of heightened scrutiny over reports of enforced disappearances and prolonged detention without trial.
Ambassador Ssentongo reaffirmed Ugandan government’s commitment to strengthening cross-border tourism cooperation, noting that tourism is central to the country’s Ten-Fold Growth Strategy, which aims to grow the economy from US$50 billion to US$500 billion by 2040. He called for practical, time-bound solutions to trade barriers affecting tourism and regional business competitiveness.

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.

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. 

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...

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...

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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