Uganda pledges tighter fiscal discipline to improve credit rating
By the AFREEQUE newsroom, based on Nile Post
The Ugandan government has pledged stronger fiscal discipline, a stricter tax policy and measures to curb inflation to improve the country’s sovereign rating and facilitate access to financing. The commitments were presented to Moody’s Ratings at meetings in Bangkok on the sidelines of the 2026 IMF and World Bank meetings, according to Ugandan authorities.
Uganda has pledged tighter fiscal discipline, a stricter tax policy and measures to curb inflation in order to strengthen its sovereign credit rating and improve its access to financing, the government said. These commitments were presented to Moody’s Ratings by the delegation of Finance Minister Henry Musasizi during meetings in Bangkok on the sidelines of the 2026 annual meetings of the International Monetary Fund and the World Bank.
Bank of Uganda Governor Michael Atingi-Ego outlined to the agency the central bank’s measures to contain inflation and stabilise the depreciating shilling. These include tightening liquidity amid a difficult global financial environment, according to Nile Post. Uganda set out its priorities at the IMF and World Bank meetings.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
