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Uganda’s debt spills over amid shrinking revenue, rising expenditure Monday April 05 2021 Nakasero market vendors observe social distancing during the lockdown in March 2020. City Hall forecasts that revenue collection for this Financial Year will fall by Shs3 trillion to Shs18 trillion due to the adverse impact of Covid-19. PHOTO | ABUBAKER LUBOWA Summary A year ago, the economic outlook of developing countries started to dampen as Covid-19 hit resulting in a stringent lockdown imposed by the Ugandan government. Today, countries are struggling to contain the pandemic with a slow rollout of vaccines to resuscitate frail economies, while several developing countries, including Uganda, are shouldering a larger burden of having to borrow to fund key priorities amid spiraling debt,

United kingdomSouth africaAmuru districtJulius kapwepweJohn muwangaMatia kasaijaAusi kibowaIndian oceanJohn magufuliFrederic musisiInternational monetary fundMembers of parliament mpsElectoral commissionUganda bureau of statisticsUganda debt networkNational development plan