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Since 1995, Uganda has experienced rapid economic growth, but it is not clear to what extent this positive development can be attributed to Structural Adjustment. [25] Uganda is a member of the World Trade Organization, since 1 January 1995 and a member of the General Agreement on Tariffs and Trade, from 25 October 1962. [26]
Setting these priorities helped improve Uganda's credentials with international aid organizations and donor countries of the West, but in the first three years of Museveni's rule, coffee production remained the only economic activity inside Uganda to display consistent growth and resilience. [2] In 1987 GDP rose 4.5 percent above the 1986 level ...
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The Ministry of Finance, Planning and Economic Development (MoFPED) is a cabinet-level government ministry of Uganda.Its mandate is to formulate sound economic and fiscal policies, mobilize resources for the implementation of government programmes, disburse public resources as appropriated by Parliament, and account for their use in accordance with national laws and international best ...
According to the UN, Uganda is also home to the third largest refugee population in the world, [22] adding additional stress to its economy and increasing demand for education. Several World Bank projects are designed to help with this, including the Uganda Multi-Sectoral Food Security and Nutrition Project and the Uganda Skills Development ...
Uganda is a member of the East African Community and a potential member of the planned East African Federation. Uganda has a large diaspora, residing mainly in the United States and the United Kingdom. This diaspora has contributed enormously to Uganda's economic growth through remittances and other investments (especially property).
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The service sector dominates the economy, surpassing agriculture. Uganda's rich biodiversity, with national parks and wildlife reserves, attracts tourism, a vital sector for the economy. Uganda is a member of the United Nations, the African Union, G77, the East African Community, and the Organisation of Islamic Cooperation. (Full article...