How Uganda’s economy can withstand global turmoil
By Bethuel Karanja From Washington to Beijing, the global economic weather is turning unpredictable. Trade rules that once anchored international commerce are fraying under the strain of protectionism, geopolitical rivalry and economic nationalism. For a small, open economy like Uganda’s deeply plugged into global commodity markets, capital flows and donor financing these global tremours are not abstract. They shape growth prospects, currency stability and fiscal choices at home. The world economy is slowing. Global growth is projected at just 2.7 percent in 2026, weighed down by weak investment and long-running structural constraints. The International Monetary Fund offers a more sanguine…