Economy to grow by 6.2% in 2014/15

Tumusime Mutebile

Uganda’s economic growth prospects are brighter in the financial 2014/2015 that kicks off on July 1st.

According to the Governor Bank of Uganda, economic growth is expected to age up in the next fiscal to 6.2% from the project 5.7% in the current fiscal year.

This, he says is mainly due the buoyant demand in the economy.

He was speaking at the commissioning of a new Standard Chartered Bank Branch at Acacia Mall.