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Tag Archives: economy

Govt presents NBFP focusing on full monetization of economy

Kampala, Uganda | THE INDEPENDENT | Government has tabled the National Budget Framework Paper (NBFP) for Financial Year 2025/2026 – Financial Year 2030/2031, highlighting commercial agriculture, industrialisation, oil and gas, tourism, and technological innovation. The NBFP theme: “Full Monetization of Uganda’s Economy through Commercial Agriculture, Industrialization, Expanded Social Services, Digital …

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CHINA: Navigating headwinds and charting new blueprint

BEIJING | Xinhua | With a high-level meeting wrapped up in Beijing this week, China set out a clear roadmap for how it intends to steer the economy as the next five-year plan period is set to begin. The annual Central Economic Work Conference, chaired by President Xi Jinping, laid …

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On Uganda’s 2040 Vision

How our country lacks the policies and institutional rules to achieve its ambitious development goals THE LAST WORD |  ANDREW M. MWENDA | The Ugandan government has set itself a very ambitious goal: to expand the economy by 1,000% in 15 years. This means the economy must grow at an annual …

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EU expects economy to expand moderately

BRUSSELS | Xinhua | The European Commission’s autumn 2025 economic forecast shows that driven by a surge in exports in anticipation of U.S. tariff increases, the European Union’s (EU) economy maintained growth, and it is expected to continue expanding at a moderate pace over the forecast horizon. In the report …

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MUSEVENI: Uganda’s economy has expanded 20 times

Mbale, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has said Uganda’s economy has grown twentyfold since the National Resistance Movement (NRM) took power, projecting that the country’s total economic output will reach USD 66 billion by June next year, up from USD 3.9 billion in 1986. Speaking in …

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IMF says Zimbabwe’s economy to maintain strong momentum in 2026

HARARE | Xinhua |  Zimbabwe’s economy is expected to maintain strong momentum in 2026, the International Monetary Fund (IMF) has said. In a statement issued on Thursday at the conclusion of an IMF staff mission to Zimbabwe, the agency said Zimbabwe’s economic rebound has been stronger than expected, supported by …

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