E-Conference On the Economy
The Coronavirus (COVID-19) pandemic-generated crisis has exposed deep fault lines in the domestic health, and economic systems of countries, disrupting major global supply chains. It has significantly affected the aggregate demand in economies, raising trade costs, and reducing labor productivity. With these effects, it is therefore projected that in addition to spawning a global recession, Uganda’s economy will be relatively hit. Currently, growth is expected to fall from a projected 6% to 3.9%.
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