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Tag Archives: World Bank

Government concealing debt figures: Experts

Kampala, Uganda | THE INDEPENDENT | Experts have faulted the government for using statistics that do not give the real picture of the state of affairs to define the performance of the economy. An example is the Debt-to-GDP ratio that the government uses to determine the safety and strength of the …

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Uganda far from middle income: World Bank

Kampala, Uganda | THE INDEPENDENT | The World Bank has put the per capita income of Uganda at 850 dollars for the financial year end 2022, with the economy growing at an estimated 3.7 percent. According to the Bank, this average income by a Ugandan is far below the lower-middle-income threshold …

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World Bank team reviewing USMID Additional Financing

USMID Additional Financing-USMID-AF launched in 2018/19 for a five-year period maintains the development objective of enhancing institutional capacity of selected local governments Kampala, Uganda | THE INDEPENDENT | Uganda’s new cities need to ensure that their physical development plans are designed and approved to attract new funding, according to executives at …

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