BUSINESS RECOVERY: Economists’ positive outlook for SMEs
The C19 contained measures have delayed recovery for Uganda’s economy, but economists now say, government’s plans to fully reopen in January next year could see accelerated demand especially from the dormant economy such as the hospitality industry and schools. Despite serious expenditure pressures, a recent IMF report also project a 5.1% growth rate for country Uganda on the back of a what finance officials call a healthy fiscal space in light of debt.
