Podcast: Uganda: Rising Debt and the Promise of Oil

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454 Uganda: Rising Debt and the Promise of Oil

July 13, 2017

Construction worker in Hoima town, Uganda. More infrastructure and oil sector investment could boost growth (photo: JAMES AKENA/REUTERS/Newscom).

Drought, regional conflict, and slow credit growth are taking their toll on Uganda's economy. While per-capita growth has hovered around 5 percent for the last 20 years, the IMFs latest economic assessment shows it has fallen to 1/2 percent. In this podcast, the report's coauthor Axel Schimmelpfennig, says some strategic infrastructure investment and Uganda's untapped oil reserves could help turn things around.

Axel Schimmelpfennig, IMF Mission Chief for Uganda.

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Podcast: Uganda: Rising Debt and the Promise of Oil

Distribution channels: Banking, Finance & Investment Industry

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