Uganda: Rising Debt and the Promise of Oil

<p dir="ltr" align="left">Drought, regional conflict, and slow credit growth are taking their toll on Uganda's economy. While per-capita growth has hovered around 5 percent for the last 20 years, the IMFs latest economic assessment shows it has fallen to 1/2 percent. In this podcast, the report's coauthor Axel Schimmelpfennig, says some strategic infrastructure investment and Uganda's untapped oil reserves could help turn things around.</p> <p dir="ltr" align="left">Contributors:  Axel Schimmelpfennig, IMF Mission Chief for Uganda</p> <p> </p>