The role of agriculture in the social-economic transformation of the country cannot be over emphasised. According to Uganda Bureau of Statistics (2018), the sector accounts for 65 percent of the working population and employs 36 percent of the labor force. Despite the declining share, it still contributes a…
IMF Resident Representative to Uganda Clara Mira (R) presents her views regarding financing for social services during a dialogue co-organised by EPRC and UNICEF Uganda. Looking on are Joseph Enyimu a Senior Economist with Ministry of Finance (Centre) and Patrick Birungi, Director Development Planning NPA. Photo by Mouris…
Based on the recently published National Budget Framework paper, Uganda’s national budget for the FY 2018/19 is anticipated to be UGX 21.9 trillion. In order to finance the above budget, the Uganda Revenue Authority (URA) faces an uphill task to increase total domestic revenue by 9 percent from…
The Ambassador of the Kingdom of the Netherlands, Henk Jan Bakker, speaks during a breakfast meeting to discuss Uganda’s National Agriculture Extension Policy held on 13th April 2017 in Kampala, he called for an inclusive agriculture sector. Photo By Mouris Opolot The Ambassador of the Kingdom of the…
The Bank of Uganda has steadily lowered its policy rate (Central Bank Rate (CBR)) from 17 percent in February 2016 to 11.5 percent February, 2017. This expansionary monetary policy stance is largely aimed boosting economic growth in view of declining inflationary expectations. As a result of lowering of…
Although Uganda has made progress in infrastructure development, the country still faces huge deficits across all sectors, including in transport, energy, water and information and communication technology that require financing beyond the public budget ceilings. These deficits affect the business climate and increase the cost of doing business…
As the country reels under an apparent slowdown, experts, academics, policy makers and politicians are providing several explanations to pinpoint the underlying reasons. From these explanations, a range of possible recommendations emerge for a rejuvenation of the economy to (re)witness the growth miracle and poverty reduction (56.4 percent…
Through the National Development Plan (NDP II), Uganda has prioritized the attainment of middle income status by 2020. This article examines what the country needs to attain the NDP II target. We will focus on income measures in this article for ease of interpreting where we stand and…
The Executive Director EPRC, Dr Sarah Ssewanyana (2nd left) and Hon. Lowila Oketayot the Woman Member of Parliament for Pader and Chairperson Parliamentary Committee on Agriculture (3rd left) engage with other policy stakeholders during a panel discussion at the launch of the 2016 World Bank Uganda Poverty Assessment…
The International Monetary Fund (IMF) last month predicted a slowdown in the global economy this year from 3.8 per cent to 3.6 per cent. This is consistent with the World Bank’s prediction of slow growth for sub-Saharan Africa (SSA) to 3.7 per cent this year, its weakest pace…