The impact of COVID-19 on Ugandan firms

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dc.contributor.authorAlfonsi, Livia
dc.contributor.authorBassi, Vittorio
dc.contributor.authorManwaring, Priya
dc.contributor.authorNgategize, Peter
dc.contributor.authorOryema, John
dc.contributor.authorStryjan, Miri
dc.contributor.authorVitali, Anna
dc.date.accessioned2022-06-05T20:34:09Z
dc.date.available2022-06-05T20:34:09Z
dc.date.issued2021
dc.description.abstractThe COVID-19 pandemic came at an enormous cost to both developed and developing countries, and Uganda is no exception to this. Though the country has so far been shielded from the worst in terms of health impact, measures put to curb the spread of COVID-19 and the sharp global downturn in economic activity have hit the economy hard. For instance, severe limitations on international transport have reduced exports and tourism and restricted access to key industrial inputs. At the same time, the collapse in the world economy has reduced aggregate demand and lowered remittances from Ugandans living abroad. Lockdown measures between March and May 2020 compounded economic difficulties by preventing people from working and limiting internal mobility. As a result of the global crisis, GDP growth slowed from 6.8% in FY 2018/19 to 2.9% in FY 2019/20, and is expected to grow at a similar level in FY 2020/21 (World Bank, 2020).en_US
dc.identifier.urihttps://nru.uncst.go.ug/handle/123456789/3734
dc.language.isoenen_US
dc.publisherInternational Growth Center (IGC) Ugandaen_US
dc.relation.ispartofseries;21049
dc.titleThe impact of COVID-19 on Ugandan firmsen_US
dc.typeOtheren_US
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