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UDN WEEKLY NEWSLETTER 448th EDITION 2025

According to the Debt sustainability report for FY2023/24, Uganda’s total public debt increased from USD 23.66 billion (UGX 86,779.87 billion) in FY2022/23 to USD 25.59 billion (UGX 94,869.5) in FY2023/24.This signifies a 9 percent increase in a period of 1 year. The country’s external debt to GDP stood at 57.2% indicating heavy reliance on domestic borrowing. Domestic debt surpassed the growth in the external debt 4029.51 billion as external debt rose from UGX 52,206.07 billion to UGX 54,236.13 billion while domestic debt grew from UGX 34,573.80 billion to UGX 40,633.37 billion over the same period. For more information please download the 448th Newsletter.