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Uganda’s economy seen expanding by up to 4.5% in year to end-June – FinMin

Employees pour liquid gold into a mould for the production of an ingot during the refining process at AGR (African Gold Refinery) in Entebbe, Uganda, October 4, 2018. REUTERS/Baz Ratner

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KAMPALA, May 17 (Reuters) – Uganda’s economy is seen expanding by between 3.8%-4.5% in the fiscal year to end June from 3.4% growth in the same period in 2021, helped by the easing of restrictions aimed at containing COVID-19’s spread, its finance minister said on Tuesday.

“The economy continues to show signs of recovery following the easing of the lockdown,” Matia Kasaija said in a statement sent to the media.

He did not give specific details of what was driving the growth.

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In January, the Uganda government fully re-opened the economy, lifting all the remaining anti-coronavirus measures including allowing education and entertainment…

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