The Minister for Finance, Matia Kasaija has said Uganda's economy is projected to grow at 6 percent in the financial year 2024/ 2025.
The Minister for Finance, Matia Kasaija has said Uganda 's economy is projected to grow at 6 percent in the financial year 2024/ 2025.
He however said these numbers exclude the anticipated oil and gas revenues as well as the planned interventions to grow the economy tenfold.Kasaija told parliament that the growth will be driven by increased oil and gas activities as we move towards first oil production in financial year 2025/2026 among other factors.
Kasaija also mentioned agro-industrialisation and light manufacturing supported by access to affordable credit through Uganda Development Bank , investments supported through Uganda Development Corporation ; the Parish Development Model, small business recovery fund, Emyooga, the Presidential Industrial Hubs for Youth Entrepreneurs, and programmes to support exporters as well as growth and productivity of women enterprises.
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