Huge Debt Servicing Bill Worries BOU, as Loan Grows to UGX 67 Trillion

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Huge Debt Servicing Bill Worries BOU, as Loan Grows to UGX 67 Trillion

25 Oct 2021, 18:46 Comments 830 Views Kampala, Uganda Business and finance Updates

In short
This shows a Debt-to-GDP ratio of 45.5 per cent in contrast to earlier estimates of almost 50 per cent, which had been stated by the Ministry of Finance, Planning and Economic Development. During the year, the economy grew to 148 trillion Shillings from 139.7 the previous year.

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