Uganda, Jan. 17 -- From Covid-19 to double digit inflation coupled with external factors such as Ebola and the geopolitical conflict in Eastern Europe (Russia-Ukraine war) which brought about imported inflation, subdued global growth, Uganda's economy has been in turmoil.

This three-some tragedy has led to slower economic growth and overall development in Uganda.

To avert slowdown in economic growth, the Finance Ministry says the overall objective of the FY 2023/24 Budget Strategy is to restore the economy back to the medium-term growth path of 6-7 percent per annum and improve the economy's competitiveness.

The Finance Ministry says in the Budget Framework Paper for Financial Year 2023/24 in the medium-term, increasing the wealth of h...