The government’s ambition of achieving middle-income status for Uganda by the year 2020 continues to elicit debate across the country.
But no one has quite approached the question of whether or not Uganda can attain that objective the way our senior analyst Ramathan Ggoobi has in this new paper titled; A Critique Of The Strategic Intent Of Attaining The Middle Income Status By 2020, 2016.
Using relevant data, Ggoobi argues that the government needs to transform the economy from a predominantly subsistence based economy towards more manufacturing so as to create gainful employment for thousands of youth.
Ggoobi has produced perhaps one of his most incisive papers on Uganda’s economy and what needs to be done to correct the wrongs.
In his typical no-holds-bared approach, Ggoobi told ministers and top government technocrats that: “The Progress of Uganda towards the middle income status is being undermined by low degree of political commitment for the country’s long-term vision, “Vision 2040”, NDPs, and other Programs.”
Ggoobi cites the country’s lopsided economic growth as one of the key challenges, saying: “The growth in GDP is going to a few individuals in the urban areas particularly Greater Kampala and other towns in Central Uganda where 66 percent of Uganda’s GDP is concentrated,”
Ggoobi also cites Uganda’s high population growth rate vis-a-vis low levels of economic growth as additional challenges holding Uganda back.
Click Ggoobi Critiques Middle Income Status to read the Analysis in Full.