Tag: International Monetary Fund-IMF

EAC States Endorse Joint Plan to Mitigate Expected El Niño Impact

Environment
The framework seeks to strengthen regional cooperation, improve early warning systems and enhance preparedness to minimise the potential humanitarian, agricultural and economic consequences of the anticipated weather phenomenon.

Minister Tanna Commissions Bukona Fuel Blending Plant to Save Uganda $250M Annually in Imports

Business
Tanna welcomed the introduction of ethanol-powered cooking stoves, saying wider adoption of cleaner cooking technologies could reduce household dependence on charcoal and firewood, helping to protect forests and minimise environmental degradation.
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...

Recent articles

spot_img