Uganda’s economy is expected to grow by an average eight percent annually over the next five years, driven by investments in petroleum production and sectors such as transport, the finance ministry said on Thursday.
Crude oil production, expected to begin around mid-2026, will help push growth into double digits in the 2026/27 (July-June) fiscal year, the ministry said in a post on social media platform X, citing Finance Minister Matia Kasaija.
