Economy growth faces election-year risks, says World Bank

2nd March 2025

Oil-related infrastructure imports have kept the current account deficit high despite robust export growth, which has led to continued pressure on foreign reserves.

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Voters line up to cast their votes. Economists at the World Bank have said rising election-related spending could widen fiscal deficits and debt in this election year. (New Vision/Files)

Ali Twaha

Journalist @New Vision

#Business #2026 Elections #Economy growth #World Bank #Election-year risks

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KAMPALA - Uganda’s economy is projected to grow by 6.2% in the 2024/25 financial year, but rising election-related spending could widen fiscal deficits and debt, economists at the

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Economy growth faces election-year risks, says World Bank

Oil-related infrastructure imports have kept the current account deficit high despite robust export growth, which has led to continued pressure on foreign reserves.

Voters line up to cast their votes. Economists at the World Bank have said rising election-related spending could widen fiscal deficits and debt in this election year. (New Vision/Files)

Ali Twaha

Journalist @New Vision

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