Uganda's public debt has surged by 26.2%, reaching a staggering $32.3 billion for the fiscal year 2024/2025. This significant increase raises concerns about the country's financial stability and its ability to manage such a high level of debt. As the government grapples with economic challenges, this situation could impact public services and investment in critical infrastructure, making it a crucial issue for citizens and policymakers alike.

Uganda's debt has surged by 26%, primarily due to increased domestic borrowing. This significant rise raises concerns about the country's financial stability and its ability to manage its obligations. As the government relies more on local loans, it may face challenges in balancing its budget and funding essential services, which could impact economic growth and development.