Uganda’s economy is set to shoot up by 5% in 2023 but still faces devastating threats according to the World Bank

According to the report, the Ugandan economy is expected to grow by 5.5% during the 2022/2023 Financial Year, up from 4.7% in the previous financial year.

The World Bank’s new report on the Ugandan economy looks encouraging save the nuances the bank warned of.

The 20th edition of the Uganda Economic Update was released in Kampala on the 15th of December 2022.

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