#checkthescoreug search results
Uganda’s economy grew by 6.3% in FY2025 and is set to average 6.4% through 2028 faster than population growth! Driven by agriculture, construction & manufacturing, this means more income opportunities for citizens. #CheckTheScoreUG #USD500BillionEconomy
@JuliusMukunda acknowledges Oil projects (Tilenga, Kingfisher & EACOP) are on track for completion by 2026, with first oil expected end of 2026. S&P projects oil to add 1–2% to GDP annually , if revenues are managed transparently. #CheckTheScoreUG #USD500BillionEconomy
“I urge the Government of Uganda to strengthen regulations on foreign investments to ensure that these projects create jobs, transfer skills, and deliver tangible benefits for Ugandans" ~Julius Mukunda, ED @CSBAGUGANDA. #CheckTheScoreUG #USD500BillionEconomy
CSBAG welcomes S&P’s upgrade of Uganda’s outlook from Stable to Positive, citing strong growth and recovery. However, rising debt and frequent supplementary budgets still threaten fiscal credibility and inclusive growth. #CheckTheScoreUG #USD500BillionEconomy
1/ Investment isn’t just about buying — it’s about building. We must grow Uganda’s economy tenfold by investing in transformative technologies and value addition for our local products. — @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG
Join the conversation! CSBAG Uganda discusses Uganda's latest credit rating implications. Follow live: #CheckTheScoreUG #USD500BillionEconomy
The government reserves shouldn’t be only for controlling inflation, they are much more less expensive ways for dealing with this vice. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
I urge the Government of Uganda to enforce regulations on Foreign investment in order to benefit the citizens of Uganda more out of these commitments. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Production at the Tilenga, Kingfisher, and EACOP project is projected to peak at 230,000 barrels per day by 2030, valued at about UGX 61 billion (USD 16 million) daily at current prices. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
As we are trying to look at the benefits of trade,we need to protect farm gates. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Government needs to organize the Bonds market like the Diaspora bonds to finance its infrastructure projects like the Kampala-Jinja highway. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Let's find smarter ways to do business and improve our domestic resource revenue; we can do better and should start with dealing with wastage. @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @mtic_uganda @URAuganda @BOU_Official @ACODE_Uganda…
If we were able to reduce on our administrative costs and duplication of services given the pressure to service loans, we would save lots of money saved for the development budget. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Increasing the Tax-to-GDP ratio doesn’t mean increasing the tax rate but rather being able to improve the tax administration. Can we have more than one revenue collection avenues like utilization of LGs? —Julius Mukunda - ED,@CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Government needs to improve on its preparedness to implement projects e.g right of way, corruption, before borrowing money from development partners to save us from the cost overruns. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
It is actually a very good indicator that our economy is growing at a faster rate (6.3%) than the population growth rate. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
For every shs.100 invested, shs.40 is lost due to the inefficiencies from the unpreparedness by government in implementing projects before borrowing. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Banks now hold 31% of assets in govt securities, preferring to lend to govt over small businesses. As a result, private sector credit growth has slowed to 8.2%, limiting business growth and jobs. #CheckTheScoreUG #USD500BillionEconomyn @CSBAGUGANDA
Uganda’s revenue has stagnated at 14% of GDP since 2019 — below Kenya (17%) and Rwanda (15%). Gov’t collects only UGX 14 of every UGX 100 generated, limiting funds for development. #CheckTheScoreUG #USD500BillionEconomy
When you come as an investor come to invest not hawk; look at downtown the Chinese who are also hawking. Govt should find ways to sort investor issues effectively. @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @mtic_uganda @BOU_Official
4/ With a positive economic outlook, Uganda is now more attractive to investors — especially in energy and oil. By 2026, oil production could earn us up to USD 61 billion daily. — @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG
3/ Let’s adopt smarter ways of doing business and boost domestic revenue. Tackling wastage is the first step toward building a more efficient and sustainable economy. — @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG
2/ While celebrating our economic wins, we must also benchmark our progress. Growth should be measurable — that’s how we’ll truly track Uganda’s journey to prosperity. — @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG
1/ Investment isn’t just about buying — it’s about building. We must grow Uganda’s economy tenfold by investing in transformative technologies and value addition for our local products. — @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG
When you come as an investor come to invest not hawk; look at downtown the Chinese who are also hawking. Govt should find ways to sort investor issues effectively. @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @mtic_uganda @BOU_Official
It’s time to embrace smarter business practices and strengthen domestic revenue efforts. Tackling wastage should be our first step toward a more efficient economy. @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @mtic_uganda @URAuganda @BOU_Official…
Let's find smarter ways to do business and improve our domestic resource revenue; we can do better and should start with dealing with wastage. @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @mtic_uganda @URAuganda @BOU_Official @ACODE_Uganda…
The biggest challenge is we like to celebrate these wins but we need to benchmark on how we can monitor our growth as a nation - @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @StatisticsUg @BOU_Official @ACODE_Uganda @SEATINIUGANDA
Investment is not just about buying we need to make sure we can grow our economy by Tenfold and invest in the necessary technologies with our Ugandan products - @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @BOU_Official @StatisticsUg
Uganda’s oil and gas exports to North African countries mark a major step in diversifying our trade and expanding regional economic ties Government investment in commercial diplomacy is paying off. #USD500BillionEconomy #CheckTheScoreUG
The CSO Press Conference kicks off today at 10AM at @CSBAGUGANDA offices. Topic: CSO Perspectives on Uganda’s Credit Ratings Stay engaged using #CheckTheScoreUG #USD500BillionEconomy
“I urge the Government of Uganda to strengthen regulations on foreign investments to ensure that these projects create jobs, transfer skills, and deliver tangible benefits for Ugandans" ~Julius Mukunda, ED @CSBAGUGANDA. #CheckTheScoreUG #USD500BillionEconomy
The S&P outlook is a vote of confidence in Uganda’s potential — but it is not a clean bill of fiscal health. The rating affirms that Uganda is growing, but strengthening our Fiscal Management is not for debate. CSBAG therefore calls for: #USD500BillionEconomy #CheckTheScoreUG
Uganda’s trade deficit narrows to 4.2% of GDP (FY2025) — thanks to record coffee ($2.2B) & gold ($4.2B) exports. But gains are uneven: gold profits flow to UAE conglomerates, coffee farmers earn just 20–30%. Growth up, inequality deeper. #CheckTheScoreUG #USD500BillionEconomy
I urge the Government of Uganda to enforce regulations on Foreign investment in order to benefit the citizens of Uganda more out of these commitments. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Government passed 3 supplementary budgets mostly for energy,defense, & classified items in FY24/25, estimated at UGX 5.7 trillion (2.5% of GDP). These increase deficits & reduce fiscal predictability. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Banks now hold 31% of assets in govt securities, preferring to lend to govt over small businesses. As a result, private sector credit growth has slowed to 8.2%, limiting business growth and jobs. #CheckTheScoreUG #USD500BillionEconomyn @CSBAGUGANDA
Uganda’s revenue has stagnated at 14% of GDP since 2019 — below Kenya (17%) and Rwanda (15%). Gov’t collects only UGX 14 of every UGX 100 generated, limiting funds for development. #CheckTheScoreUG #USD500BillionEconomy
Production at the Tilenga, Kingfisher, and EACOP project is projected to peak at 230,000 barrels per day by 2030, valued at about UGX 61 billion (USD 16 million) daily at current prices. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Improved external balance and narrowing credit infrastructure to $9.5T highlight Uganda’s progress in strengthening its financial systems and promoting exports. #CreditScoreUG #CheckTheScoreUG
The government reserves shouldn’t be only for controlling inflation, they are much more less expensive ways for dealing with this vice. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
@JuliusMukunda acknowledges Oil projects (Tilenga, Kingfisher & EACOP) are on track for completion by 2026, with first oil expected end of 2026. S&P projects oil to add 1–2% to GDP annually , if revenues are managed transparently. #CheckTheScoreUG #USD500BillionEconomy
Uganda’s economy grew by 6.3% in FY2025 and is set to average 6.4% through 2028 faster than population growth! Driven by agriculture, construction & manufacturing, this means more income opportunities for citizens. #CheckTheScoreUG #USD500BillionEconomy
Production at the Tilenga, Kingfisher, and EACOP project is projected to peak at 230,000 barrels per day by 2030, valued at about UGX 61 billion (USD 16 million) daily at current prices. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Government needs to organize the Bonds market like the Diaspora bonds to finance its infrastructure projects like the Kampala-Jinja highway. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Banks now hold 31% of assets in govt securities, preferring to lend to govt over small businesses. As a result, private sector credit growth has slowed to 8.2%, limiting business growth and jobs. #CheckTheScoreUG #USD500BillionEconomyn @CSBAGUGANDA
1/ Investment isn’t just about buying — it’s about building. We must grow Uganda’s economy tenfold by investing in transformative technologies and value addition for our local products. — @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG
The government reserves shouldn’t be only for controlling inflation, they are much more less expensive ways for dealing with this vice. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
CSBAG welcomes S&P’s upgrade of Uganda’s outlook from Stable to Positive, citing strong growth and recovery. However, rising debt and frequent supplementary budgets still threaten fiscal credibility and inclusive growth. #CheckTheScoreUG #USD500BillionEconomy
“I urge the Government of Uganda to strengthen regulations on foreign investments to ensure that these projects create jobs, transfer skills, and deliver tangible benefits for Ugandans" ~Julius Mukunda, ED @CSBAGUGANDA. #CheckTheScoreUG #USD500BillionEconomy
I urge the Government of Uganda to enforce regulations on Foreign investment in order to benefit the citizens of Uganda more out of these commitments. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
It is actually a very good indicator that our economy is growing at a faster rate (6.3%) than the population growth rate. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Uganda’s oil and gas exports to North African countries mark a major step in diversifying our trade and expanding regional economic ties Government investment in commercial diplomacy is paying off. #USD500BillionEconomy #CheckTheScoreUG
The CSO Press Conference kicks off today at 10AM at @CSBAGUGANDA offices. Topic: CSO Perspectives on Uganda’s Credit Ratings Stay engaged using #CheckTheScoreUG #USD500BillionEconomy
Government passed 3 supplementary budgets mostly for energy,defense, & classified items in FY24/25, estimated at UGX 5.7 trillion (2.5% of GDP). These increase deficits & reduce fiscal predictability. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Uganda’s economy expanded by 6.3% in FY2025 and is projected to average 6.4% (2026–2028). GDP grew from UGX 183T (2023) to UGX 227.9T (USD 62B) in 2025. The economy is growing faster than the population. #CheckTheScoreUG #USD500BillionEconomy
Happening today is the CSO Press Conference at @CSBAGUGANDA offices. Topic: CSO Perspectives on Uganda’s Credit Ratings. Time: 10:00am #CheckTheScoreUG #USD500BillionEconomy
Government needs to improve on its preparedness to implement projects e.g right of way, corruption, before borrowing money from development partners to save us from the cost overruns. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
As we are trying to look at the benefits of trade,we need to protect farm gates. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
If we were able to reduce on our administrative costs and duplication of services given the pressure to service loans, we would save lots of money saved for the development budget. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
Uganda’s trade deficit narrows to 4.2% of GDP (FY2025) — thanks to record coffee ($2.2B) & gold ($4.2B) exports. But gains are uneven: gold profits flow to UAE conglomerates, coffee farmers earn just 20–30%. Growth up, inequality deeper. #CheckTheScoreUG #USD500BillionEconomy
It’s time to embrace smarter business practices and strengthen domestic revenue efforts. Tackling wastage should be our first step toward a more efficient economy. @CSBAGUGANDA ED @JuliusMukunda #CreditScoreUG #CheckTheScoreUG @mofpedU @mtic_uganda @URAuganda @BOU_Official…
For every shs.100 invested, shs.40 is lost due to the inefficiencies from the unpreparedness by government in implementing projects before borrowing. — Julius Mukunda - ED, @CSBAGUGANDA #CheckTheScoreUG ||#USD500BillionEconomy
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