Uganda’s central bank has held its benchmark rate at 10.25%. Inflation, although rising moderately, is lower than previously projected due to a stable exchange rate and is expected to reach between 5% and 5.4% in the short term. Economic growth is projected to be between 6% and 6.5% for 2024-25. Uganda faces challenges such as decreased capital flows, export growth headwinds, and substantial external debt servicing costs.