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Tag Archives: middle income

Bureau of Statistics tasked to explain middle income status

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Committee on Human Rights have tasked the officials from Uganda Bureau of Statistics (UBOS) to explain how they concluded that Uganda had attained a middle-income status. UBOS led by James Muwonge, the Director of Methodology and Statistics was on Wednesday, 10 …

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‘Middle Income’ status

  Museveni’s dream and numbers that don’t lie Kampala, Uganda | RONALD MUSOKE | Since President Yoweri Museveni announced on June 7, rather surprisingly, that Uganda had attained Lower Middle Income status, the question has been why the President appears desperate for Uganda to attain that rank. Several views have …

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UBOS: Museveni is right on Middle Income

Kampala, Uganda | THE INDEPENDENT | The Uganda Bureau of Statistics (UBOS) has accused the World Bank of mixing up their figures and using wrong parameters, and have insisted that the Ugandan economy has entered into the threshold for the lower-middle-income status based on statistical data computations they have. According to …

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Uganda far from middle income: World Bank

Kampala, Uganda | THE INDEPENDENT | The World Bank has put the per capita income of Uganda at 850 dollars for the financial year end 2022, with the economy growing at an estimated 3.7 percent. According to the Bank, this average income by a Ugandan is far below the lower-middle-income threshold …

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Has Uganda attained Middle-Income Status?

ANALYSIS | BAKER BATTE | On January 26 this year, President Yoweri Kaguta Museveni told a National Resistance Movement party gathering also attended by senior government officials gathered at Kololo Ceremonial grounds to mark 36 years ever since his party came to power, that Uganda will attain the lower middle-income …

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Uganda within middle income status threshold: Museveni

Kampala, Uganda | THE INDEPENDENT | Uganda has surpassed the middle-income status threshold and is only awaiting a declaration, according to President Yoweri Museveni. In his State of the Nation Address on Tuesday, Museveni said that the economy has now grown to US$ 45.7 billion, which is slightly above the population …

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Fertility rate threatens vision 2040- Experts

Kampala, Uganda | THE INDEPENDENT | Uganda may fail to achieve its goal of transforming from a peasant to middle income country in line with Vision 2040 if the fertility rate doesn’t decrease, according to experts. The Vision looks at strengthening particular sectors such as oil and gas, tourism and …

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