Yellen tells world s big economies: spend big, danger lurks reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Major economies should inject significant support for global economy: Yellen reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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,
Climate safety nets for all khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.