Business & Technology NewsNational NewsTop StoryTrending & Latest News

Uganda’s Poverty Reality Check: Many Have Never Touched a Million, Museveni Speaks Out

President Museveni’s statement highlights the stark reality of poverty in Uganda. Many Ugandans struggle to make ends meet, with some never having handled a million shillings in their lifetime. This is despite Uganda’s economic growth and progress in reducing poverty over the years.

The country’s poverty estimate data shows that the percentage of people living below the national poverty line declined from 31.1% in 2006 to 19.7% in 2013. However, this data is based on a daily income of $0.88-$1.04 per person, which is significantly lower than the World Bank’s international poverty line of $2.15 per day.

Uganda’s challenges are multifaceted, including:

  • Poor governance: Corruption, poor administration, and a bloated public sector hinder economic development.
  • Low literacy rate: About 23.5% of the population lacks basic literacy skills, limiting opportunities for economic mobility.
  • Limited access to electricity: Only 29% of the population has access to electricity, constraining economic growth and development.

Addressing these challenges will require a concerted effort from the government, civil society, and international partners. By prioritizing good governance, investing in education and infrastructure, and promoting economic inclusivity, Uganda can work towards a brighter future for all its citizens.

Related posts

Terrifying Historical Punishments for Women of all Time

Cathy Mirembe

The Uganda National Examinations Board (UNEB) officially released the 2024 Primary Leaving Examinations. A total of 64,251 candidates have failed

admin

A Rainy Day Launch: Minister Kasolo’s Campaign Takes Off

Ssekanyumiza Amansa Bwino

Ssegirinya  Joins Uganda’s Mysterious Deaths Under Museveni’s Regime

Dean Lubowa Saava

Drone attacks cut power across Khartoum state two years into Sudan war

ndiwalanakiwa@gmail.com

Kenyan President William Ruto Fires Entire Cabinet Amidst Ongoing Protests

Cathy Mirembe

The Life and Legacy of Mighty Vice President, Dr. Samson Kisekka: A Ugandan Icon

Ssekanyumiza Amansa Bwino

Ssenyonyi Condemns Security Forces’ Brutality, Calls for Accountability

Barbra Zeka

G20 finance meeting ends without consensus or communique

ndiwalanakiwa@gmail.com

NAADS Programs Has Boosted Agricultural Productivity and Wealth Creation in Uganda.

Cathy Mirembe

Leave a Comment