How best should Uganda handle its foreign debt?

PUBLISHED: Fri, 11 Oct 2019 11:00:55 GMT


The Bank of Uganda is considering purchasing about $1billion to service external debt and other government imports of goods and services in the 2019/2020 financial year. However, analysts warn that this might put more pressure on the local currency and erode the gains it has made lately. For a better understanding, Analyst Charles Bwogi joins CNBC Africa.

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