{"id":23099,"date":"2026-01-30T07:21:37","date_gmt":"2026-01-30T05:21:37","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/uganda-lowers-annual-growth-forecast-to-6-5-7-to-start-crude-output-in-west\/"},"modified":"2026-02-27T16:33:57","modified_gmt":"2026-02-27T14:33:57","slug":"uganda-lowers-annual-growth-forecast-to-6-5-7-to-start-crude-output-in-west","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/uganda-lowers-annual-growth-forecast-to-6-5-7-to-start-crude-output-in-west\/","title":{"rendered":"Uganda lowers annual growth forecast to 6.5%-7%, to start crude output in west"},"content":{"rendered":"<p>Uganda&#8217;s economy is projected to expand between 6.5% and 7% in the financial year starting July, sharply down from a previous estimate of 10.4%, the Finance Ministry said, without citing an explanation for the revision.<\/p>\n<p>&nbsp;<\/p>\n<p>The Ministry provided the latest growth forecast in a post on the X platform late on Thursday.<\/p>\n<p>&nbsp;<\/p>\n<p>In a budget paper in December, the Ministry had projected Uganda&#8217;s economy to grow 10.4%, supported by the start of oil production.<\/p>\n<p>&nbsp;<\/p>\n<p>The country plans to begin pumping crude from reserves in its western fields, operated by France&#8217;s TotalEnergies and China&#8217;s CNOOC.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":23100,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-23099","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Uganda's economy is projected to expand between 6.5% and 7% in the financial year starting July","published_date":"2026-01-30 09:20:20","news_description":"Uganda's economy is projected to expand between 6.5% and 7% in the financial year starting July","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23099\/revisions"}],"predecessor-version":[{"id":26176,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23099\/revisions\/26176"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/23100"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=23099"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=23099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}