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UDN WEEKLY NEWSLETTER 439th EDITION 2024

Over the past decade, Uganda's debt and GDP have been growing at an average rate of 18% and 11%, respectively. Despite the impressive GDP growth, Uganda's debt has increased at more than twice the rate of its GDP growth during this period, with GDP rising by 170% and public debt by 411%. This has led to several consequences, including high tax rates and credit rating downgrades. For more information, please download the document