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Uganda: Uganda Needs a Smart Industrial Policy
UNECA, 15 July 2016
Kampala, Uganda, 15 July 2016 (ECA) – In order to achieve sustainable economic growth, Uganda should focus on developing a more effective industrial policy based on its… Read more »
United Nations Economic Commission for Africa (Addis Ababa)
Uganda Needs a Smart Industrial Policy
Uganda, despite an economic growth rate of 5.2% on average over the past five years, hasn't kept pace with its East African neighbours (subregional average growth rate was 6.9%), and has not proven efficient enough to create quality employment and economic diversification. According to Rodgers Mukwaya, co-author of the Economic Commission for Africa's Uganda Country Profile presented this week in Kampala, Uganda needs to adopt a "targeted industralization policy" as the key to unlocking a structural transformation of its economy. More on the ECA's Country Profiles. More about the ECA in this BRIEFING.
Margaret Proise (in blue and pink) runs the Alpha & Omega Beauty Salon in the Gazaland Mall in downtown Kampala. The 35-year-old mother of five is proud her oldest child is about to graduate with a diploma in engineering.
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