GCIC_Tourism

The PSST @rggoobi has urged the Directorate of Debt and Cash Policy at @mofpedU to ensure that every financing decision they recommend strengthens Uganda's future and debt sustainability. Officiating at the Directorate Meeting at the Ministry,Ggoobi said one of the greatest concerns among leaders, investors, and citizens is the increasing cost of debt servicing, which continues to reduce the fiscal space. He said Uganda’s reputation in international financial markets has been built on responsible debt management,adding that the Directorate must protect that credibility. “As Uganda enters a period of accelerated economic growth, your role must evolve beyond facilitating financing transactions. You are expected to serve as Government's strategic financial advisors, providing objective, evidence-based and courageous advice that safeguards the country's long-term economic interests,” said Dr.Ggoobi. He said the Directorate has the responsibility of detecting emerging risks, recommending practical solutions and preventing problems before they escalate, adding that economic managers should respond to challenges while focusing on creating opportunities for sustainable growth. “Your mission is clear: protect debt sustainability, preserve macroeconomic stability, borrow prudently and only when necessary, finance high-impact investments, provide clear, objective, and evidence-based advice and uphold the highest standards of integrity and professionalism,” said the PSST. The Acting Director, Debt and Cash Policy, Maris Wanyera, highlighted the key strategic performance areas and expressed the commitment of the Directorate to mobilizing affordable financing to support Uganda’s Tenfold Growth Strategy.