Uganda: Rising Debt and the Promise of Oil by IMF Podcasts

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Drought, regional conflict, and slow credit growth are taking their toll on Uganda’s economy. While per-capita growth has hovered around 5 percent for the last 20 years, the IMFs latest economic assessment shows it has fallen to 1/2 percent. In this podcast, the report’s coauthor Axel Schimmelpfennig, says some strategic infrastructure investment and Uganda’s untapped oil reserves could help turn things around. Contributors:  Axel Schimmelpfennig, IMF Mission Chief for Uganda  
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