Debt rises by Shs10t per year since 2018

Contributing sentiments towards policy:

58% : "This implies reduced degrees of freedom for the government to address emerging critical needs such as the provision of social services (education and health) and basic infrastructure such as roads and energy.
57% : This implies reduced degrees of freedom for the government to address emerging critical needs such as the provision of social services (education and health) and basic infrastructure such as roads and energy," Dr Fred Muhumuza, the Director of Makerere University Business School Economic Forum and Trustee of the African Forum and Network on Debt and Development (AFRODAD).
54% : She says Uganda's economic realities reveal flaws in the frameworks used to assess debt sustainability.
52% : But also tax effort and collection is the basic indicator of state efficiency in being able to organise, mobilise, deepen, and also it reflects, in part, lack of civic trust," he argues.
51% : This steep increase, driven in part by a growing reliance on domestic borrowing, is raising concerns among economists, who warn it could stifle local businesses and strain essential services such as healthcare and education.
51% : Mr Ggoobi adds that the government aims to ensure borrowed resources fuel economic growth that outpaces debt accumulation.
45% : He emphasises the need for cautious fiscal management, noting that maintaining debt sustainability will require a balanced mix of external and domestic borrowing, enhanced revenue collection, and more efficient use of borrowed funds.
44% : "There is a growing number of non-performing government loans meant to finance government projects and programmes.

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