Uganda Forecasts Economic Rebound in 2024 after Slower Growth
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Uganda's economy expected to rebound in 2024 with 5.8% GDP growth, following 2023 slowdown to 4.6%
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Oil and infrastructure investment continues to drive growth, although at a slightly slower pace
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Export growth forecasted to pick up in 2024, supported by coffee production increases
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Private consumption growth projected at 6.4% in 2024 amid lower inflation and interest rates
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Risks remain, including potential impacts of AGOA suspension and currency weakness on exports and inflation