The Daily Monitor has reported that Uganda’s debt crisis worsened because of the COVID-19 pandemic. The government borrowed excessively to cushion the economy from the pandemic’s adverse effects. The government got a sum of 1.8 trillion Ugandan shillings ($488.7 million) from the International Monetary Fund (IMF). It will take Uganda over five years to be … Continue reading How Uganda’s Spiraling Debt Burden Affects Budgetary and Taxation Policies