ICYMI: A leaked internal circular from the Ministry of Finance, Planning, and Economic Development detailing revised rates for duty facilitating allowances has sparked public discussion at a time when the government continues to champion fiscal discipline and austerity amidst the persistent depreciation of the Uganda Shilling.
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Uganda is tapping its nearly $7 billion in reserves to lessen the blow of a plunging shilling, which is the world’s second-worst-performing currency this month after Iraq’s dinar. https://t.co/E85oNxd32U