Uganda parliamentary committee on national economy

Experts’ advice Uganda not to ignore other sectors of the economy in favour of oil

The government of Uganda has been advised by the International Monetary Fund’s (IMF) to desist from ignoring other sectors of the economy in favor of the oil sector to enable proper growth and development of the economy. Uganda recently discovered oil in the western Uganda Abertaine region worth billions of barrels. Commercial exploitation is expected […]

IMF hails Uganda's macro economic stability

The International Monetary fund (IMF) has hailed Uganda government for its good macro economic policy which has led to robust economic growth. The Macro economic policies include the fiscal and monetary policies which aim at setting better conditions for the growth and development of the national economy like stable national currency, attraction of investments and provision […]