★ PREMIUM
Business
World Bank explains position on Uganda's middle-income status rating
World Bank in a statement argued that the gross national income (GNI) calculation of $840 is based on data from the financial year 2020/21, which is the same reference period for all member countries
President Yoweri Museveni delivering the State of the Nation Address at Kololo in June. PPU Photo
By: NewVision Reporter, Journalist @NewVision
The battle over Uganda's middle-income status rating seems to be still far from over.
Following Uganda’s protest of the World Bank rating, the global lending body