Uganda is a middle-income country, says Museveni - News Summed Up

Uganda is a middle-income country, says Museveni


By David Vosh Ajuna More by this AuthorBy NELSON NATURINDA More by this AuthorUganda has reached the middle-income status despite an onslaught of crises in the past three years, President Yoweri Museveni said on Tuesday. We have now passed that figure of middle-income status ($1,030),” Mr Museveni observed as he delivered the annual State of the Nation Address in Kampala. Speaking in-person to mainly ruling NRM party legislators, Mr Museveni on June 7 expressed confidence that Uganda would maintain its spot above the middle-income status GDP per capita minimum of about $1,030. “You need to sustain this for two to three consecutive years to be declared a middle-income country,” he echoed. On Tuesday, the 77-year-old leader of a country with millions of unemployed citizens further urged amplified agricultural production to suit global demands.


Source: Daily Nation June 07, 2022 15:06 UTC



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