Tag: USD 7.5 billion

Tooro Succession Dispute Deepens as Ababiito Declare New King

National News
The dispute now places Tooro at a delicate crossroads between customary authority and Uganda’s legal framework. Omusuuga Kamurasi has called for respect for tradition and the law, while President Museveni has called for peace and unity among the Batooro.

U.S. Announces More Than $150 Million in Support at Pacific Islands Forum

International
On commercial diplomacy, the United States is shifting assistance toward private-sector-led growth, including efforts with Australia, Japan, New Zealand and Taiwan to connect every Pacific Islands Forum country to a trusted undersea cable network. A second Pacific Investment Summit is scheduled to be hosted in early 2027.
National News

Uganda’s Economy is Showing Remarkable Growth, Stability—PSST Ggoobi

The Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi, has said Uganda's economy has demonstrated significant progress, with the size of the economy tripling to Shs 202 trillion in the Fiscal Year 2023/24, up from Shs 65 trillion in FY 2010/11.
National News

Ugandan Economy has Recovered from Previous Shocks, Crises- Ramathan...

Ramathan Ggoobi, the Permanent Secretary to the Treasury (PSST), has said that the Ugandan economy has fully recovered from various shocks and crises, with a significant economic growth of 6% in the previous fiscal year and a notable increase from an average of 4.1% recorded between FY 2019/20 and FY 2022/23.

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