Geopolitical Shockwaves and Economic Transmission: Implications of the United States–Israel–Iran Conflict for Uganda’s Economic Performance
This policy brief examines how the escalation of the United States–Israel–Iran conflict is affecting Uganda’s economy through global energy markets, trade and shipping disruptions, financial markets, capital flows and remittances. It assesses the resulting pressures on inflation, exchange rates, businesses, households and key productive sectors, while identifying policy options to strengthen Uganda’s resilience to external geopolitical shocks.