Uganda’s economy will grow by 3.7 percent in 2022 -World Bank

Traders conduct business in Kampala. Uganda’s economic growth is lower than most of its peers in the East Africa. PHOTO | Michael Kakumirizi

What you need to know:

Uganda’s economy is steadily recovering from a slower growth due to the Covid-19 pandemic.

The World Bank has placed Uganda’s economic growth rate at 3.7 percent in 2022, up from its estimate of 3.4 percent in 2021.

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