Ugandan Economy Rises 8.5% in Q4 of 2025/2026 Fiscal Year: Finance Ministry
09:33 25.03.2026 (Updated: 09:59 25.03.2026)
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Ugandan Economy Rises 8.5% in Q4 of 2025/2026 Fiscal Year: Finance Ministry
The progress has been driven by strong consumer demand and solid activity in construction and other sectors, the finance ministry said.
After a prolonged delay, the East African nation is set to begin commercial oil production in the second half of 2026 from fields operated by France’s TotalEnergies and China’s CNOOC.
The governmental projects oil export revenues of $587.04 million for the 2026/2027 fiscal year, according to the ministry.
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The progress has been driven by strong consumer demand and solid activity in construction and other sectors, the finance ministry said.
After a prolonged delay, the East African nation is set to begin commercial oil production in the second half of 2026 from fields operated by France’s TotalEnergies and China’s CNOOC.
The governmental projects oil export revenues of $587.04 million for the 2026/2027 fiscal year, according to the ministry.
Subscribe to @sputnik_africa
Sputnik Africa | X
