The business environment mood lifts but remain cautious

Corti Lakuma and Joseph Mawejje

No 243927, Uganda Business Climate Index from Economic Policy Research Centre (EPRC)

Abstract: The Uganda business climate index (UBCI) improved by 4.9 index points to 99.7 during the October – December 2015 quarter from 94.8 during the July – September 2015 quarter. This indicates a modest improvement in the conditions for doing business in Uganda on a quarterly basis. The improvement of business perceptions was largely driven by favourable product prices and consumer demand particularly for manufactured goods which improved the prospects for job creation. Specifically, strong Gross Domestic Product (GDP) growth, increased demand for agricultural and manufactured goods during the Christmas and New Year festivities and the stabilization of the Uganda shilling supported the improvement of the UBCI.

Keywords: Demand and Price Analysis; Financial Economics (search for similar items in EconPapers)
Pages: 4
Date: 2015-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eprcug:243927

DOI: 10.22004/ag.econ.243927

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