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Uganda: Is Uganda's Rising Public Debt Worth It?

Published on: Monday 08 July 2019

Uganda: Is Uganda's Rising Public Debt Worth It? Uganda's public debt is projected to reach $18 billion --or more than 50 per cent of the country's GDP -- by the end of financial year 2022/23, according to economists, with critics questioning the returns on investment in large infrastructure projects and spikes in domestic government borrowing.



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