Policy analyst tasks president Museveni to focus SONA on debt servicing

Ahead of today’s State of the Nation Address (SONA), policy and economic analysts have tasked president Museveni to focus his speech on the country’s strategy for debt servicing. The president, in his previous State of the Nation Address, focused on sectors such as Agriculture, Tourism, Oil and Gas, Science and Technology among others. However, speaking to KFM, Jane Nalunga, the Executive Director of the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI), says the country needs to know how government intends to manage its debt with the over Shs 70 Trillion budget for the Financial Year 2024/2025. “When you look at our budget, the 70 trillion almost 40% of that money will go servicing out debit, so the […]