Tuesday, August 13, 2013

Uganda: Economy on track to attain 6.5% in 2013

(Bloomberg) - Uganda's economy is on course to expand in 2013-14 at the higher end of its forecast range, driven by growth in the services industry and investment in construction, energy and natural resources.

According to a report from the World Bank, gross domestic product (GDP) will probably rise by 6.5 percent in the year through June from the 5 percent growth attained a year earlier.

“The economy is progressively recovering, driven by renewed macroeconomic stability, export

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