Uganda Macroeconomic Digest – May 2026
The Uganda Macroeconomic Digest for May 2026 provides an overview of recent developments in Uganda’s macroeconomic environment. It examines inflation, business sentiment and economic activity, exchange rate movements, interest rates, domestic credit, merchandise trade, and the country’s economic outlook and associated risks.
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.