Uganda’s Economy Strong and Poised for Double-Digit Growth, Says PSS Ggoobi

Uganda's legislators have approved the government's draft budget for the fiscal year beginning in July, amounting to 72.4 trillion Ugandan shillings ($20 billion) for fiscal year 2025-2026. Planned spending is roughly stable compared to the previous year, according to Parliament. According to a message published on...

Uganda’s Economy Strong and Poised for Double-Digit Growth, Says PSS Ggoobi

Uganda’s economy is exhibiting strong performance across key macroeconomic indicators and is on track for double-digit growth with the commencement of oil production, according to the Permanent Secretary/Secretary to the Treasury (PSST), Ramathan Ggoobi. Speaking on a national television talk show, PSST Ggoobi painted a positive picture of the nation’s financial health and future prospects. “Uganda’s economy is performing well, with key macroeco…

Parliament Approves UGX 72.4 Trillion Budget Amid Opposition Criticism

By Spy Uganda Parliament on Thursday approved Uganda’s UGX 72.376 trillion national budget for the 2025/26 financial year, a move the opposition has described as a rubber stamp by the majority, despite glaring loopholes in the estimates. Presenting the Budget Committee’s report, Deputy Chairperson Achia Remegio said the resource envelope includes a projected UGX 34.051…

Bank of Uganda Holds CBR at 9.75% Amid Resilient Growth and Rising Inflationary Risks

The Bank of Uganda (BoU) has opted to hold its Central Bank Rate (CBR) steady at 9.75% in its May 2025 Monetary Policy statement, citing a resilient domestic economy and… This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers! Subscribe Log In The post Bank of Uganda Holds CBR at 9.75% Amid Resilient Growth and Rising Inflationary Risks appeared first on CEO East Africa.