Uganda’s Economy Grows to Shs 226 Trillion as Government Sets Sights on $500 Billion Target

Uganda’s GDP Expands to $61.3 Billion, Driven by Exports

Finance Minister Matia Kasaija outlined the government’s ambitious vision to fully monetize the economy, anchored in value-driven agriculture, industrial expansion, digital innovation, and enhanced market accessibility. KAMPALA, UGANDA — Uganda’s finance minister, Matia Kasaija, announced yesterday that the nation’s economy has continued to show robust growth, with significant gains in exports, tourism, and foreign investment despite global and …

Uganda’s Economy Hits Shs 226 Trillion, Minister Kasaija Projects $500B Growth in 15 Years

Uganda’s economy grew by 6.3 percent in the 2024/25 financial year, expanding to Shs 226.3 trillion (USD 61.3 billion), up from Shs 203.7 trillion (USD 53.9 billion) the previous year, according to Finance Minister Matia Kasaija. Addressing the state of the economy at Uganda Media Center in Kampala on Tuesday, Minister Kasaija said GDP per capita rose from USD 1,159 in FY2023/24 to USD 1,263 in FY2024/25, with growth recorded across agriculture,…

Uganda’s Economy Grows to Shs 226 Trillion as Government Sets Sights on $500 Billion Target

Uganda’s economy has maintained strong resilience and posted steady growth despite global and regional shocks, according to the Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija. Presenting the State of the Economy at the Ministry headquarters in Kampala on Tuesday, Kasaija revealed that the economy expanded to Shs 226.3 trillion (USD 61.3 billion) in the financial year 2024/25, up from Shs 203.7 trillion (USD 53.9 billi…