3 Million Slip Into Poverty As Covid-19 Strikes Uganda's Economy
The pandemic's disruption to the economy is pushing 3,1 million Ugandans into poverty, the UN has warned in a report on the socio-economic impact of the pandemic in Uganda. The report shows that the lockdown and containment measures made 1,9 million people become insecure and another 1,9 million insecure individuals become poor". This comes just days after government stakeholders held a high-level policy dialogue on reopening the economy and asked authorities on its wellbeing. The UN recommends that "cautious borrowing could cushion the economy and improve industry, innovation, and infrastructure, reduce inequality and improve the outlook for zero hunger".
Documents
-
5 October 2020
- Author:
- UNDP
- Publisher:
- UNDP
- Publication Date:
Only nine days since the first case was recorded on March 21, 2020, by March 30 the cases had risen to 33. As witnessed in other African countries, ... see more »
InFocus
-
The Ugandan economy is facing huge economic challenges and with the onset of COVID-19, President Yoweri Museveni has to implemen Read more »
-
President Yoweri Museveni has said that because some people had ignored with "indiscipline and Inconsideration" the measures imposed by the government, more stringent action had to ... Read more »
(file photo).