Thursday , July 9 2020
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Tag Archives: GDP

Japan suffers worst economic slump in five years

Tokyo, Japan | AFP | Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly typhoon taking a toll on the world’s third-largest economy. The nation’s gross domestic product in the three months to December shrank 1.6 percent from the …

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Ugandans are much richer-UBOS

Kampala, Uganda | THE INDEPENDENT | Ugandan economy is bigger than previously estimated, with new numbers showing Ugandans are much richer than had been thought, according to Uganda Bureau of Statistics (UBOS). According to UBOS, they rebased the economy using the prices of 2015/16 financial year. This saw Uganda’s size …

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Brexit turmoil drives UK towards recession

London, United Kingdom | AFP | Britain’s economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge of recession. Gross domestic product (GDP) fell 0.2 percent in the April-June period, the first time the economy has contracted in …

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Oil exports key for Uganda to handle growing debt – BoU

Kampala, Uganda | THE INDEPENDENT | Uganda’s capacity to manage its growing public debt will depend on the country’s ability to export oil by 2023, a Bank of Uganda June 2019 State of the Economy report has shown. In the report, the Central Bank indicates that Uganda’s public debt stock will …

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MUSEVENI: Uganda’s per capital income up

Kampala, Uganda | THE INDEPENDENT | Uganda’s Gross Domestic Product (GDP) per capita is now equivalent to $800, President Yoweri Museveni stated in his State of the Nation Address this afternoon. Uganda’s  Gross Domestic Product per capita was last recorded at $666.61 in 2017. It averaged 439.43 USD from 1982 …

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