Minister of State for Planning David Bahati yesterday chaired the Ministerial consultations (January and early February 2020) on the draft third National Development Plan (NDP III) 2020/21- 2024/25 which is expected to be finalised by June 2020. The National Development Plan (NDP III) priorities remain Agriculture, Tourism, Minerals, Petroleum and Manufacturing in addition to Human […]
Ministry of Finance on Wednesday 22 January presented the National budget framework paper (NBFP) for FY 2020/21 to FY 2024/25 to the Finance Committee of Parliament. The National BFP is prepared in fulfillment of section 9 of the Public Finance Management (PFM) Act 2015. According to the NBFP, Uganda’s economy grew at 6.5% in real […]
The Government of Uganda is optimistic that the country will attain the lower middle income status in the next five years if the new National Development Plan (NDP) is effectively implemented. The new NDP which is to be launched by President Museveni aims at strengthening Uganda’s competitiveness for sustainable wealth, employment and inclusive growth. State Minister […]
The Privatisation process has been hailed as a big success and for being the main force behind Uganda’s striking economic growth figures. Privatisation, we are told increases economic growth, reduces poverty especially by increasing employment opportunities. However, Economics experts from the Social Development Sector (SDS) from different government departments especially the Ministry of Gender, Labour and Social Development have expressed […]