Stagflation Creeps in on Uganda and Neighbors- World Bank

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Stagflation Creeps in on Uganda and Neighbors- World Bank Top story

10 Jun 2022, 15:59 Comments 1318 Views Business and finance Politics Oil & Gas Updates

Aieral view of Kampala City. GDP growth is expected to drop according to the Global Outlook report of the World Bank

In short
The Global Economic Prospects Report predicts that Uganda will not escape the slowdown in global growth that has been steepened by Russia’s invasion of Ukraine and its effects on commodity markets, supply chains, inflation, and financial conditions have steepened.

Mentioned: World Bank Global Outlook Report June 2022

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