Uganda walks a tightrope as public debt soars
Published on: Sunday 18 June 2023
Uganda’s economy could be placed in a chokehold as burgeoning public debt and interest to creditors continues to spiral restricting expenditure towards the most productive sectors.“You heard your budget of Shs52 trillion. While I support that budget because there is no other solution in the short run, it is important to know that Shs17 trillion is to pay debts,” President Museveni posted on Thursday shortly after the National Budget for...
News source: https://www.msn.com/en-xl/africa/other/uganda-walks-a-tightrope-as-public-debt-soars/ar-AA1cK5GA
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Uganda
