COVID-19 has caused an unprecedented economic and health shock in Uganda, as has been the case globally. After the World Health Organization announcement that COVID-19 was a global pandemic, the government of Uganda undertook decisive measures to abate the spread of the virus through adopting COVID-19 containment measures. Also, in anticipation of the distortionary effects of COVID-19 on Uganda’s economy through the external and domestic effects channels, the government adopted an expansionary fiscal and monetary policy alongside financial sector interventions
