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President Museveni Highlights Uganda’s Robust Economic Growth and Development Strategies

In his recent presentation, President Museveni emphasized Uganda's economic performance and growth since the National Resistance Movement took power in 1986.

In previous year’s presentation, the President emphasized on economic performance, industrialization, the Parish Development Model (PDM), Emyooga, agriculture, tourism, infrastructure, and the water and environment sectors.

The other categories were energy, education, health, security, good governance, land and land fragmentation, corruption, economic priority, anti-homosexuality legislation, and bills before Parliament.

Museveni expressed confidence that the economy would grow quicker.

He said that since 1986, when the National Resistance Movement took power, the economy has grown more than 30 times.

This expansion, he continued, was driven by economic stability, increasing investment in the oil and gas sector, enhanced regional commerce, support for small and medium-sized businesses, and the provision of finance, among other factors.

He stated that foreign direct investment inflows to Uganda continued to recover, reaching $945 million in the first six months of fiscal year 2022/23.

On PDM, he stated that there were no more excuses for people to live in poverty because the government was infusing sh100 million into each parish SACCOS every year.

However, when he visited some sections of the country, he was informed that some of the money had been provided to people who were ineligible. Politicians and public servants fall within this category.

He was informed of the delays in receiving cash granted by the finance ministry to the designated beneficiaries. In certain circumstances, a few exceptional individuals join SACCOS and receive all of the monies released for the entire parish.

He stated that the State House Anti-Corruption Unit had apprehended numerous perpetrators in the Acholi zone, where he had begun upcountry inspection excursions, and warned of further investigations and harsh punishment.

The President further stated that education in government schools must be completely free following the adoption of Universal Primary and Secondary Education.

“The demand for free primary and secondary education has grown dramatically, exceeding the current educational infrastructure.

Private schools have raised their fees, making government schools more appealing. To accommodate the growing demand for free education, the government is refurbishing basic and traditional government secondary schools,” Museveni stated.

Regarding security, he assured Ugandans and investors that the country is safe and peaceful.

He promised to strengthen security agencies’ capacity to respond to emerging security threats, address discipline issues among security personnel in the Uganda People’s Defence Forces, Uganda Police, and Uganda Prisons Services, and improve security infrastructure to detect crime before it occurs.

The President also committed to consider the wellbeing of security personnel.

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