ECONOMIC GROWTH:Treasury shares positive outlook

The permanent secretary and secretary to the treasury, Ramathan Goobi, says the recent positive economic fundamentals, such as low inflation, a pick up in the current account balance, and shilling appreciation against the dollar are good signs that the economy is healthy. He however warns of rising interest payments on earlier borrowings and urged the government to tame its appetite for debt while putting in place measures to increase exports. He was presenting the state of the economy report for September, which shows growth is projected at 6.5% in the financial year 2024/2025 and seen at 75 in the near future despite foreseen risks#NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda