The International Monetary Fund (IMF) expects Uganda’s gross domestic product growth to record anywhere between 3.5%-4% in FY2016/17, lower than 5% that had earlier been projected. This was announced on Tuesday by Axel Schimmelpfennig, the head of IMF mission that visited Kampala, Uganda from May 2-15, 2017 to conduct the …
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Nigerian economy glimpses dim light at end of tunnel Lagos, Nigeria | AFP | Suffering from rampant inflation, stalled investment and mass layoffs, Nigeria is still gripped by one of the worst economic crises in its history. But for the first time in months, the West African economic giant …
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Why this communist state, with per capita income like ours, manufactures nuclear weapons and satellites while we can’t By Andrew M. Mwenda Last week the U.S. announced its intelligence showed North Korea was planning to test another nuclear weapon. If it does, it will be the sixth nuclear test by …
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Successful projects are not just about professional skill and technocratic expertise but accurate facts and public interest By: Paolo Mauro In the 2016 American presidential election, Hillary Clinton and Donald Trump agreed that the US economy is suffering from dilapidated infrastructure, and both called for greater investment in renovating and …
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Dubai, United Arab Emirates | AFP | International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world. “From the little we know, and I will insist on the little we …
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Christine Lagarde says government need to focus on reducing inequality The International Monetary Fund Managing Director Christine Lagarde on Jan. 27 found herself on the defensive as the audience sought for the global fund’s roles on Uganda’s development. This was during a public lecture held at the Kampala Serena Conference …
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Lagarde (right) praised Museveni’s (left) scaled-up infrastructure investments.When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor of Bank of Uganda Tumusiime-Mutebile and other senior officials stepped into the meeting with visiting IMF Managing Director Christine Lagarde this last week, they had under their belt a …
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THE LAST WORD Museveni freedom fighter talk: Why Museveni said he is not a servant of anyone and who may have been the target of his statement. COVER STORY IMF boss ensures 2017 budget will be `hard’:When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor …
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IMF head Christine Lagarde has conceded the Washington lender had been late waking up to the widening gap between rich and poor around the world, but is now researching answers to help the middle class By Antonio Rodriguez. Lagarde on Jan.18 made the admission to an audience of high-flying executives …
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Lagarde is visiting when the government is desperate for new money but in no mood to listen. Usually that means no deal but possibly not when the IMF and Museveni need each othe. Meetings between teams from IMF and planners of Uganda’s economy, especially President Yoweri Museveni, have historically involved …
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The Independent Uganda: You get the Truth we Pay the Price