Uganda economy to grow 5 pct 2016/17, 5.5 pct 2017/18: IMF

By Elias Biryabarema KAMPALA (Reuters) – Uganda’s economy will grow by 5 percent in the 2016/17 (July-June) fiscal year, the International Monetary Fund forecast on Wednesday, trimming the forecast from 5.5 percent after state revenues missed targets and some major projects faced delays. The IMF also predicted Uganda would grow 5.


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