Uganda Economic Update, August 2013 : Special Focus - Jobs, Key to Prosperity
Despite the difficult past five year period, renewed macro-stability is creating a strong basis for Uganda to rebuild a more resilient economy. The economy is currently recovering and is estimated to have grown at a rate of approximately 5.0 percen...
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| Format: | Economic Updates and Modeling |
| Language: | English en_US |
| Published: |
Kampala
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/08/18202706/uganda-economic-update-jobs-key-prosperity http://hdl.handle.net/10986/15826 |
| Summary: | Despite the difficult past five year
period, renewed macro-stability is creating a strong basis
for Uganda to rebuild a more resilient economy. The economy
is currently recovering and is estimated to have grown at a
rate of approximately 5.0 percent in FY2013. This improved
stability is creating an enabling environment for the
implementation of long term fiscal and structural policies
that may facilitate Uganda's achievement of accelerated
growth and ultimately of its goal of achieving middle income
status. An accelerated rate of economic growth can be
achieved through a more rapid diversification of the
economic base. Uganda has to manage this rapid structural
transformation appropriately so that sufficient jobs will be
created to provide employment for the young and rapidly
growing working population and to promote the growth of the
most productive sectors to sustain productivity gains and
economic growth over time. This paper is organized in two
parts as follows: part one gives Uganda's economy; and
part two presents creating more productive employment
opportunities for more of Uganda's citizens. |
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