UGANDA GOVERNMENT INDEBTEDNNESS AS AT MARCH 31st 2013
As at March 31st 2013, the total stock of public debt stood at USD 5.6 billion (Shs 12,576.3 trillion, or 26.7% of GDP) of which external debt that was outstanding and disbursed was USD 3.5 billion (Shs 9,152.8 trillion, or 16.7% of GDP) and domestic debt was USD 2.1 billion (Shs 5,423.5 trillion, or 9.9% of GDP).
The total Government of Uganda external debt as at 31st March 2013 for the financial year 2012/13 totaled USD 56.1 million.
The question to raise, can the Government of Uganda be able to meet its debt obligations and continue to grow given the current policies where the Government is involved in a lot of resource wastage?
As at March 31st 2013, the total stock of public debt stood at USD 5.6 billion (Shs 12,576.3 trillion, or 26.7% of GDP) of which external debt that was outstanding and disbursed was USD 3.5 billion (Shs 9,152.8 trillion, or 16.7% of GDP) and domestic debt was USD 2.1 billion (Shs 5,423.5 trillion, or 9.9% of GDP).
The total Government of Uganda external debt as at 31st March 2013 for the financial year 2012/13 totaled USD 56.1 million.
The question to raise, can the Government of Uganda be able to meet its debt obligations and continue to grow given the current policies where the Government is involved in a lot of resource wastage?
No comments:
Post a Comment