IMF Says Ugandan Growth Expected to Strengthen, Inflation a Risk

Uganda’s economic growth is expected to strengthen and inflation risks have risen, the International Monetary Fund said.

“Thanks to generally sound macroeconomic policies, Uganda withstood the global financial crisis and other shocks,’’ the fund said in an e-mailed statement. “Economic growth has recovered and is expected to strengthen, although inflation risks, mostly related to rising food prices, have increased.”