Kampala – Uganda’s public debt has climbed to UGX130.9 trillion, driven largely by increased domestic borrowing, according to the latest figures released by the Ministry of Finance, Planning and Economic Development. Data contained in the Quarterly Debt Statistical Bulletin for December 2025 shows that the total debt stock rose from US$34.21 billion (UGX128.6 trillion) in…
KAMPALA — A top Ugandan finance official has highlighted the country’s ongoing challenge with financial inclusion, noting that only a small fraction of Ugandans are able to access loans from commercial banks. Ramathan Ggoobi, the Permanent Secretary/Secretary to the Treasury at the Ministry of Finance, Planning and Economic Development, said that formal credit access remains…
The Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi, has undertaken a series of high-level field visits to major national development projects, reaffirming the government’s commitment to driving industrialisation, value addition, and improved service delivery across the country. Lubowa International Specialised Hospital Now 68% Complete On Friday, Ggoobi inspected the ongoing construction of…