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Tag Archives: IMF

Agriculture budget passes Ugx 1 trillion mark

Kampala, Uganda | THE INDEPENDENT | The budget allocation for the agriculture sector will in the next financial year pass the 1 trillion Shillings mark for the first time in what officials say will cater for research, fertilizers and coffee strategy. The allocation to the sector will grow by 300 billion …

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Debt servicing is straining service delivery – IMF warns Uganda

Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund (IMF) has warned that as Uganda allocates more resources to interest repayment, key social services are being starved which will, in turn, impact health, schools, and job creation. In its latest economic outlook report for Uganda after the executive consultations on …

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Time for a true global currency

Turning the SDR into a global currency would yield benefits for the world’s economy and monetary system Project Syndicate | José Antonio Ocampo | This year, the world commemorates the anniversaries of two key events in the development of the global monetary system. The first is the creation of the …

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IMF warns rising debt makes economy more vulnerable

Washington, United States | AFP | Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned Wednesday. While the concerns “aren’t all setting off alarm bells just yet,” governments will face challenges …

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IMF offers free medical services to 600

Kampala, Uganda | THE INDEPENDENT | Over 600 residents of Banda a Kampala suburb received free medical treatment and services for different health challenges courtesy of the International Medical Foundation (IMF), a charity organization under the International Medical Group. The all-day fair conducted in partnership with Apar Foundation, Uganda Sickle …

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