Uganda
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Debt Vulnerability
Moderate Risk of external debt distress
Sustainable Development Finance Policy
Performance and policy actions required : Yes
Set-aside applied : Yes
Non-concessional borrowing ceiling : US$3,521.7 million
Performance and Policy Actions (PPA)
Debt Management
PPA1: To improve debt management, the government limited the present value of new external borrowing to US$3,739.3 million between July 2024 and June 2025, except if this limit was adjusted: (a) by the World Bank to reflect any material change of circumstances, or (b) in coordination with the IMF, in line with adjustments to the IMF Debt Limit Policy.
Fiscal Sustainability
PPA2: To improve fiscal sustainability, the Ministry of Finance, Planning and Economic Development (MOFPED) will start publishing a comprehensive tax expenditure report, consistent with the World Bank's Tax Expenditure Manual, on the MOFPED website.
Fiscal Sustainability
PPA 3: To improve fiscal sustainability, the Uganda Revenue Authority (URA) has operationalized the linking of the Tax Register to other government data systems which will facilitate tax audits and improve tax compliance: Specifically, Tax Identification Number (TIN) linked with National Identification Number (NIN) and the Uganda Registration Service Bureau (URSB) to facilitate instant TIN issuing.
FY24-Fiscal Sustainability
To improve fiscal sustainability, the Cabinet has approved a Tax policy to streamline the guidelines and principles for formulating and imposing tax legislation and tax administration in Uganda.
World Bank Lending
| Grant eligibility : | 100% credits | Credit terms : | 50-year Credits (new) |
Lending amounts by fiscal year (commitments, US$ millions)
- Original Principal value of IBRD Loans
US$ 0.00 million - Original Principal value of IDA Credits
US$ 3951.70 million - Original Principal value of IDA Grants
US$ 1527.10 million
Data as of: 07/31/2025
Total lending at project level, for the period from FY2017 to FY2025
Debt Data
Total external debt stock
40.58
% of GNI (2023)
Total debt service
25.82
% of exports (goods, services, and primary income,2023)
Country Characteristics
Population, Total
50.02 million
(as of 2024)
GNI, Atlas Method
50.87 billion
(in current US$ as of 2024)
GNI per capita, Atlas Method
1020
(in current US$ as of 2024)