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Uganda Economic Outlook – FY2025/26 – Q2
This Q2 outlook reviews Uganda’s macroeconomic performance and rising public debt, highlighting trends in GDP, inflation, revenue, expenditure and currency stability. It examines the drivers of escalating debt, increased domestic borrowing, and the resulting pressure on fiscal space.
The report outlines debt composition, servicing costs, and impacts on priority sectors, while benchmarking Uganda against regional peers. It also assesses debt sustainability and recommends measures to improve value for borrowed funds, strengthen budget discipline, enhance transparency and restore public confidence through more effective fiscal management.
Download the full report below.
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Doreen Mugisha
Manager | Clients and Markets Development, PwC Uganda
Tel: +256 (0) 312 354 400
