Tag: International Monetary Fund-IMF

Akena referred to historical statements by President Museveni acknowledging the destruction of food supplies and the destitution of about 2.7 million people during that period. He argued that the loss of cattle deprived communities of daily nutrition, household income, school fees, draft power, and soil fertility, leaving effects that continue to be felt today.
Kampala’s waste management system has come under increasing strain in recent years, including during Uganda’s first National Cleaning Day, when the volume of collected waste overwhelmed collection teams and temporarily clogged the Buyala disposal facility.

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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