While appearing on NBS Morning Breeze, Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi said the size of Uganda’s economy has increased to about USD 70 billion, meaning that Uganda has to grow the economy about 7-fold compared to the earlier targeted 10-fold growth to achieve the goal of building a USD 500- billion-

Finance Minister Henry Musasizi has welcomed the commitment by Standard Bank Group to deepen the relationship with Uganda and also raise capital to finance Uganda’s Tenfold Growth Strategy.

Finance Minister Henry Musasizi has directed the Management of Uganda Investment Authority (UIA) to prioritize the completion of key infrastructure projects including roads, water and power in industrial parks to facilitate their growth and also attract investors.

Finance Minister Henry Musasizi said the three documents will guide the work of the Board over the next five years and strengthen its contribution to Government’s agenda of domestic revenue mobilization, digital transformation, public accountability and socio-economic transformation.