Public Governance

Fiscal Policy and Public Debt Sustainability in Uganda

Submitted by on Tue, 08/11/2020 - 21:20

Given Uganda’s level of development and its aspirations, there is an enormous amount of resources required to drive economic growth. In the last five years, Uganda has experienced an increase in public debt that has been geared towards closing the development gaps. This brief intends to examine the sustainability of Uganda’s public debt during the period 1981/82 to 2016/17.

Absorption and Implementation Constraint to Uganda’s National Development Plan (NDP)

Submitted by on Tue, 08/11/2020 - 21:19

Low absorptive capacity is still one of the main challenges to Uganda releasing its full economic potential. Weak budget disbursements, back-loaded spending procurement delay, inflexibility in budget execution and fiscal incapacity at local government level highlight ongoing challenges and raise a particular concern over the absorptive capacity and quality of budget implementation.

Enhancing Financial Inclusion in Uganda: Is Islamic Financing A Potential Solution?

Submitted by on Tue, 08/11/2020 - 21:17

The Second National Development Plan is geared towards strengthening Uganda’s competitiveness for sustainable wealth creation, employment and inclusive growth. Access to financial services is viewed as a vehicle to elevate the income levels of the households through supporting the enterprises within the economy. High interest rates and lack of collateral to qualify for capital have been major hindrances to extending credit to household enterprises. Islamic banking offers a relatively different perspective to credit extension.