{UAH} Mbu Economic Progress by NRM
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Economic Progress
Along with gigantic leap in consolidating democracy and good Governance, Uganda's macro-economic performance, under the unswerving commitment of NRM, has been outstanding and has given hope and confidence to all Ugandans.
Uganda's economic growth of more than 7.2% per annum achieved over the years is among the highest in Sub-Saharan Africa. In line with structural transformation taking place in the economy, the industrial and services sectors are now becoming major driving forces of growth relative to agriculture. Uganda needs to industrialize in order to transform itself into a modern and prosperous country. Under NRM leadership, the following have been achieved:-
1. Impressive social progress and continued expansion of the economy which has grown six fold since 1986 and now stands OVER Ug. shs.37.5 trillion (US Dollars 17 billion). This has significantly contributed to lifting the majority of Ugandans from income poverty.
2. Against the background of macroeconomic stability, private-sector-led growth strategy and conducive investment climate, under NRM leadership, the country has successfully carried out exploration and discovered oil and gas in commercially viable quantities. It is imperative that the exploitation and management of oil and
gas resources are placed in hands of competent and tested leadership.
3. Uganda's socio-economic transformation critically hinges upon application of science, technology and innovation as the main driving force. Ugandan scientists have the know- how to power the growth of the economy. Government has supported scientists and will continue to do so.
4. Uganda has been at the forefront of promoting regional integration, specifically through building a strong East African Community (EAC), Common Market for Eastern and South Africa (COMESA) as well as Inter – Governmental Authority on Development (IGAD). The establishment of the East African Union is a major milestone towards
full integration of East African economies and is expected to give the people a sizable market.
5. Because of its unflinching commitment to the prosperity for all Ugandans, NRM has already formulated and launched a National Development Plan (NDP) (2010 – 2015) as a planning frame work and instrument for accelerating a transformed Ugandan society from a peasant into a middle – income economy. NRM is the only Party that has
already developed a comprehensive plan and has unmatched record of service to all Ugandans.
No doubt, significant and impressive achievements have been made by Uganda over the last five years under NRM leadership. Uganda must strive and build on these
successes so far scored and take off into the future as a prosperous and middle-income country by 2017.
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-- Along with gigantic leap in consolidating democracy and good Governance, Uganda's macro-economic performance, under the unswerving commitment of NRM, has been outstanding and has given hope and confidence to all Ugandans.
Uganda's economic growth of more than 7.2% per annum achieved over the years is among the highest in Sub-Saharan Africa. In line with structural transformation taking place in the economy, the industrial and services sectors are now becoming major driving forces of growth relative to agriculture. Uganda needs to industrialize in order to transform itself into a modern and prosperous country. Under NRM leadership, the following have been achieved:-
1. Impressive social progress and continued expansion of the economy which has grown six fold since 1986 and now stands OVER Ug. shs.37.5 trillion (US Dollars 17 billion). This has significantly contributed to lifting the majority of Ugandans from income poverty.
2. Against the background of macroeconomic stability, private-sector-led growth strategy and conducive investment climate, under NRM leadership, the country has successfully carried out exploration and discovered oil and gas in commercially viable quantities. It is imperative that the exploitation and management of oil and
gas resources are placed in hands of competent and tested leadership.
3. Uganda's socio-economic transformation critically hinges upon application of science, technology and innovation as the main driving force. Ugandan scientists have the know- how to power the growth of the economy. Government has supported scientists and will continue to do so.
4. Uganda has been at the forefront of promoting regional integration, specifically through building a strong East African Community (EAC), Common Market for Eastern and South Africa (COMESA) as well as Inter – Governmental Authority on Development (IGAD). The establishment of the East African Union is a major milestone towards
full integration of East African economies and is expected to give the people a sizable market.
5. Because of its unflinching commitment to the prosperity for all Ugandans, NRM has already formulated and launched a National Development Plan (NDP) (2010 – 2015) as a planning frame work and instrument for accelerating a transformed Ugandan society from a peasant into a middle – income economy. NRM is the only Party that has
already developed a comprehensive plan and has unmatched record of service to all Ugandans.
No doubt, significant and impressive achievements have been made by Uganda over the last five years under NRM leadership. Uganda must strive and build on these
successes so far scored and take off into the future as a prosperous and middle-income country by 2017.
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H.OGWAPITI
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"To announce that there must be no criticism of the president, or that we are to stand by the president right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public."
---Theodore Roosevelt
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"To announce that there must be no criticism of the president, or that we are to stand by the president right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public."
---Theodore Roosevelt
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