Is debt to GDP approach realistic for Uganda?
Could Uganda's debt situation be worse than is presented because of the statistical approach the economists use? According to some economists, the method sed to measure the county’s Debt to GDP approach could misrepresent the true debt situation. They propose an alternative approach be used. Recent figures from the Auditor General’s report, show a consistent increase in the total debt as evidenced by an increase of 109% in the five years from FY2017/18, which stood at Shs41.4 trillion to Shs86.6 trillion as at June 30, 2022.
