Tag: USD 7.5 billion

The President also recalled the close cooperation between Uganda and Tanzania, citing trade, the East African Crude Oil Pipeline, the Murongo-Kyikagate mini-hydro project, roads in Tanzania, the Masaka-Bukoba transmission line and the Standard Gauge Railway, which has reached Isaka and is expected to extend towards Uganda and beyond.
According to Mukula, Uganda believes in the free and orderly movement of people, goods, services, and capital within the framework of regional laws and protocols, stating that it will continue to stand for the dignity of African brothers and sisters because Africa belongs to Africans.

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.

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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