Uganda possesses estimated petroleum resources of 6.5 billion barrels of oil in place, with approximately 1.4 to 1.7 billion barrels considered economically recoverable reserves, primarily in the Albertine Graben region.
The President said Uganda’s economy has since grown through five phases, which include minimum economic recovery of some of the three Cs and the three Ts, and the ending of the shortages of the essential commodities.
KAMPALA - President Yoweri Museveni has projected that the size of Uganda’s economy will hit $66.9b (about sh230 trillion) by next year, up from $61.3b (sh226.3 trillion) attained
Login to begin your journey to our premium content