Whereas Mr Matia Kasaija has previously said he was starting to get concerned over the level of public debt, at the weekend he said “I am not worried at all” in regard to the current public debt.
Uganda’s debt-to-gross domestic product (GDP) ratio, measured as the level of indebtedness, rose to 54 percent in June from 49.1 percent based on cumulative debt data captured between July 2021.