UGANDA TO SLASH EXTERNAL BORROWING BY 98% AMID DEBT CRISIS, INTERNATIONAL PRESSURE
Faith Nyasuguta The Ugandan government has announced plans to reduce external borrowing by 98% by June 2026, a drastic move aimed at addressing the country’s escalating debt crisis. The Finance Ministry unveiled this measure as part of a broader strategy to stave off potential sovereign default and economic turmoil. Over the past decade, Uganda’s public […]
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