Parliament report warns on Uganda’s Shs34 trillion public debt

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The leaked report indicates that, of the public debt, the external debt accounts for UGX22 trillion, while UGX12 trillion is domestic debt. A leaked report from the Parliamentary Committee of National Economy has warned of Uganda’s ever growing public debt that now stands at a staggering UGX34 trillion. The debt itself is equivalent to 38% of GDP as at June 2017. These revelations com