Public Debt Rises to Shs 130 Trillion as Domestic Borrowing Increases
The Ministry of Finance has revealed that the stock of Uganda’s public debt has now hit the Shs 130 trillion mark, after increasing from US$34.21 billion (Shs 128.648 trillion) in September 2025 to US$34.86 billion (Shs 130.844 trillion) by the end of December 2025. The details are contained in the Quarterly
Uganda’s Debt shoots up Amid Increased Borrowing
Uganda’s public debt stock is expected to rise significantly in the 2025/26 financial year, Minister of Finance Matia Kasaija announced during the reading of the Shs 72 trillion national budget. According to Kasaija, the public debt is projected to reach USD 31.5 billion (Shs 116 trillion) by the end of
MPs Clash Over Shs 2 trillion Loan Approval Amid Claims of Mismanagement
MPs Clash Over Shs 2 trillion Loan Approval Amid Claims of Mismanagement The Ugandan Parliament has approved a government proposal to borrow up to €270 million (Shs 111.1 billion) from the African Export-Import Bank (Afreximbank) and €230 million (Shs 947.billion) from Ecobank Uganda Limited and the Development Bank of Southern
