economy 10 April 2026 Daily Monitor (Uganda)
Ugandan Workers Cut Remittances Abroad in 2025 Amid Economic Pressures
Remittance outflows from Uganda dropped to Shs1.45 trillion ($402 million) in 2025 from Shs1.8 trillion ($502 million) the previous year, with transactions falling from 2.66 million to 2.12 million. India led recipients, followed by Kenya, the US, UK, and Canada, as reported by the Bank of Uganda. Source: https://www.monitor.co.ug/uganda/news/national/workers-in-uganda-sent-less-money-to-relatives-abroad-report-5419832
Ugandan workers sent less money overseas to family members in 2025, reflecting tighter financial conditions. Outflows totaled Shs1.45 trillion ($402 million), a decline from Shs1.8 trillion ($502 million) in 2024, alongside fewer transactions at 2.12 million versus 2.66 million prior.
India topped the list with $124 million (Shs460 billion), Kenya received $44 million (Shs164 billion), the US got $42 million (Shs157 billion), the UK $28 million, and Canada $20 million. Top destinations stayed consistent year-over-year.
Digital channels handled 57.5% of outflows, cash 42.4%. Banks processed 57.2%, forex bureaus 29.4%, and PSPs 13%. Males sent 77.4% ($311 million), females 21.6% ($87 million). Ugandans originated 54.6%, Indians 34.3%.
Global economic shifts and changing patterns drove the drop, per the Bank of Uganda’s report with IFAD.
On April 1, 2026, they launched an interactive dashboard offering data on flows, countries, channels, districts, and demographics to aid policymakers and businesses.
IFAD’s Mohamed El-Ghazaly noted it fosters evidence-based policies, innovation, and rural resilience via PRIME Africa, backed by the EU.