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Uganda , Friday 17 April 2026

Growth Returns to Uganda, but Rising Debt and Spending Risks Shadow the Recovery

Published on: Wednesday 04 February 2026

Growth Returns to Uganda, but Rising Debt and Spending Risks Shadow the Recovery Uganda’s economy has rebounded strongly with solid growth and low inflation, but rising deficits, debt, and heavy domestic borrowing are creating growing fiscal risks. With oil production approaching, the IMF warns that without tough reforms on taxes and spending, today’s stability could prove short-lived.



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