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Dec 4 results
12:58
12:58

Revenue Shortfalls, New COVID-19 Wave and Locusts Threaten Economy - Experts economic recovery 3

Experts point at both domestic and external factors which include the failure by Uganda’s trade partners mainly in Europe, to stabilize their economies. But some of the countries, which are the main markets for Uganda’s exports have re-introduced lockdowns for the third time as new cases of the disease rise again.
20:52
20:52

BOU Maintains Credit Relief for Borrowers as COVID-19 Effects Persist economic recovery 2 1

“BoU will extend for six months effective from 1st April 2021 the Credit Relief Measures (CRM) and also maintain the Covid-19 Liquidity Assistance Program (CLAP) to supervised financial institutions. BoU will review CLAP from time to time as the pandemic evolves to ensure viability of solvent supervised financial institutions that may come under liquidity stress during the pandemic and to support credit extension”, said Deputy Governor, Michaeil Atingi-Ego.
15:39
15:39

COVID-19 Sinks 40m Sub-Saharan Africans into Abject Poverty - Word Bank economic recovery 3

“The road to recovery may be long, and it may be steep, but prioritizing policy actions and investments that address the challenge of creating more, better and inclusive jobs will pave the way for a faster, stronger and inclusive recovery for African countries,” said Albert Zeufack, World Bank Chief Economist for the Africa regions.
19:02
19:02

1.8m Fall Back Into poverty as Uganda Launches 2021-22 Budget Strategy economic recovery 4

It aims at creating of half a million jobs per year, while per capita income should grow from the current 870 dollars to 1,198 dollars by 2025.
Dec 4 results