A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…
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America’s Façade Fades. The United States, once hailed as the “indispensable nation” in global affairs, has abandoned even the pretense of enlightened leadership. Under Donald Trump’s administration, its foreign policy…
The International Monetary Fund has pointed to an ongoing gradual decline in the dollar’s share of allocated foreign reserves of central banks and governments across the globe. However, strikingly, the IMF…
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Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF).IMF’s managing director Kristalina Georgieva says “in most scenarios,…
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Members of the budget committee of Parliament have demanded for an audit into the funds received by government to handle the COVID-19 pandemic.The demand was put to the Finance Minister…
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Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it.According to a parliament brief to the…
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The Executive Board of the International Monetary Fund (IMF) on Wednesday, May 6th approved a disbursement of USD491.5 million (UGX1.87 trillion) under the Rapid Credit Facility (RCF) to help deal with…
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Ms Georgieva, who was previously chief executive of the World Bank, becomes the first person from an emerging economy to lead the IMF.She will succeed Christine Lagarde, who is leaving…
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