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  • Posts Tagged /Uganda’s new-found oil reserves/

IMF sees oil making up as much as 4 percent of battered Uganda economy

  • 26 Jul 2017
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Uganda’s new-found oil reserves may account for as much as 4 percent of its economy annually in coming years if managed well, the International Monetary Fund’s country chief says. According to Reuters, IMF Mission Chief for Uganda Axel Schimmelpfennig writes in a blog post that the country also needs some strategic infrastructure investment and better

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