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Uganda’s Increasing Debt; A Road to Success or The Debt Trap?

October 17, 2018    By

According to Uganda’s Indebtedness Status Report 2018, Uganda’s debt has hit UGX 41.3 trillion, public debt has increased from $1.9 billion in FY 2008/09 to $11 billion in 2018 (38.4% of the country’s GDP). On another note, the Director for Debt Management, Stella Wanyera reasons that upon implementation of the […]