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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]
The Uganda Journal is a bi-annual scholarly publication of the Uganda Society (previously the Uganda Literary and Scientific Society) with its first publication in 1934. [1] The journal's focus is on documenting and disseminating knowledge about Uganda and has been a platform for scholarly research, discussions, and insights related to various ...
The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at par. Following high inflation, a new shilling (UGX) was introduced in 1987 worth 100 old shillings. The shilling is usually a stable currency and predominates in most financial transactions in Uganda, which has a very efficient foreign exchange market with
[7] [8] He is credited with many of the sound economic policies adopted by the Uganda government at the urging of the central bank during the 1990s and the first decade of the 2000s. [ 5 ] [ 9 ] Since 2006, he was a visiting professor in the Department of Economics at Makerere University, the oldest and largest university in Uganda.
Some countries have not changed their currency despite being post-colonial, for example Uganda retains the Ugandan shilling. Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same.
Although the government envisioned annual economic growth rates of about 5.6 percent in the early 1970s, war and political instability almost destroyed Uganda's once promising economy. [2] GDP declined each year from 1972 to 1976 and registered only slight improvement in 1977 when world coffee prices increased. [2]
Okullo Aabuka Jallon Anthony also commonly known as Okullo Anthony is a Ugandan politician representing Lamwo District as a member of Parliament in the eleventh Parliament of Uganda under the National Resistance Movement political party. [1] [2] [3] [4]
Infrastructure development is a major part of World Bank aid to Uganda and generally involve urbanizing and transportation objectives. One such project is the Uganda Support for Municipal Development Project (USMID), which is a US$150 million IDA led project that began in 2013 with potential plans to expand since 2018.