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Sep 2 results
16:55
16:55

Gov’t Sets Targets to Manage Debt in 2020/2021 Financial Year Debt sustainability 1 Top story

In the framework paper, the Finance Minister sets a new tax revenue target of Shillings 21.54 trillion up from Shillings 20.4 trillion in the current financial year to enable financing of the 2020/2021 budget.
16:59
16:59

Debt Servicing is Straining Service Delivery – IMF Warns Uganda Debt sustainability 1

In its latest economic outlook report for Uganda after the executive consultations on the country, the IMF says: “One shilling paid for debt service is one shilling less going to a school or a health clinic. The current ratio of interest payments to revenue is comparable to what countries with high risk or in debt distress typically face.”
Sep 2 results