ChimpReports·3 min read·medium
Musasizi Assures Parliament on Sustainability as Uganda’s Public Debt Hits Shs126 Trillion
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Blessing Jean Nyamate
✦AI Summary
Uganda's Finance Minister Henry Musasizi defended the country's debt sustainability before Parliament as public debt reached Shs126 trillion. Despite a significant increase in debt-to-GDP ratios, the government maintains that fiscal consolidation measures will ensure long-term economic stability.
Finance Minister Hon. Henry Musasizi has assured Parliament that Uganda’s public debt remains sustainable over the medium to long term, despite a sharp rise in the country’s debt stock.
economypolitics
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