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During this period, the Ugandan economy experienced economic transformation: the share of agriculture value added in GDP declined from 56% in 1990 to 24% in 2015; the share of industry grew from 11% to 20% (with manufacturing increasing at a slower pace, from 6% to 9% of GDP); and the share of services went from 32% to 55%.
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
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.
The per capita income in Uganda in 1999 was approximately US$650 annually. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. [1] [2] Compiled here is a list of individuals in Uganda whose accumulated assets are known to be markedly
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]
Ugandan military prosecutors on Monday added a charge of "treachery" - which carries the death penalty - to the list of violations of military law they say were committed by a prominent opposition ...
The Bank of Uganda is the central bank of Uganda and handles monetary policy along with the printing of the Ugandan shilling. [131] In 2015, Uganda's economy generated export income from the following merchandise: coffee (US$402.63 million), oil re-exports (US$131.25 million), base metals and products (US$120.00 million), fish (US$117.56 ...
Jessica Alba has been spotted out for the first time since her reported separation from husband Cash Warren.. The actress and Honest Company co-founder, 43, was seen in Los Angeles on Monday, Jan ...