Browsing: @world bank

Uganda’s economy is growing faster than most in the region, but the World Bank’s latest Uganda Economic Update warns that cracks are forming beneath the surface. While GDP has surged nearly 7% this year, weak tax collection, rising debt, and underfunded social services threaten to stall the country’s momentum. The Bank says Uganda must rethink how it raises—and spends—its money if the promise of growth is to reach ordinary citizens.