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Uganda’s public debt projected to grow to nearly 50% by June

According to the National Budget Framework Paper 2021/2022 recently approved by parliament, the country’s budget is projected at $12.38 billion, of which $5.66 billion will go to debt servicing. The country's debt is expected to reach 49.9 per cent of GDP by end-June, up from 41 per cent the same month last year. Economic Analyst, Charles Bwogi joins CNBC Africa for more.
Mon, 01 Mar 2021 14:38:43 GMT