{"id":9594,"date":"2019-06-07T10:23:37","date_gmt":"2019-06-07T07:23:37","guid":{"rendered":"https:\/\/ugmirror.com\/?p=9594"},"modified":"2019-06-07T10:23:41","modified_gmt":"2019-06-07T07:23:41","slug":"economy-is-on-course-to-self-sustenance-museveni","status":"publish","type":"post","link":"https:\/\/ugmirror.com\/index.php\/2019\/06\/07\/economy-is-on-course-to-self-sustenance-museveni\/","title":{"rendered":"Economy Is On Course To Self-Sustenance \u2014 Museveni"},"content":{"rendered":"\n<p>President\nYoweri Museveni has, in his State of the Nation Address to Parliament at the\nKampala Serena Conference Centre on Thursday 6 June 2019, pronounced seven\nmajor drivers of economic progress, saying the economy is on course to\nself-sustenance.<\/p>\n\n\n\n<p>In\nhis three hour address, Museveni said he is banking on industrialisation to\npromote export using agriculture, import substitution, the commencement of\ncommercial production of oil and gas and strengthening local content.<\/p>\n\n\n\n<p>Improving\nefficiency in the execution of public investment, harnessing the benefit of\nregional integration and skills development, said Museveni, constituted a firm\nfoundation for economic development.<\/p>\n\n\n\n<p>The\nPresident said the economy is now valued at US$29.5 billion with a per capita\nincome of US$800, a 3.6 per cent increase in per capita growth over the last\nthree decades.<\/p>\n\n\n\n<p>\u201c\u2026between\n1986 and 2015, Uganda was the 17th fastest growing economy in the whole world\nand 4th in Africa; if you remove the mineral countries, Uganda was 11th in the\nworld and 1st in Africa,\u201d said Museveni.<\/p>\n\n\n\n<p>The\nhead of state said the current factories count in Uganda is 4,900 up from 80 in\n1986.<\/p>\n\n\n\n<p>Since\n2006, Uganda chose to heavily invest in infrastructure, which has since 2006\ntopped the budget priorities.<\/p>\n\n\n\n<p>The\nsector has been allocated Shs6.4 trillion out of the Shs40.5 trillion national\nbudget for Financial Year 2019\/2020.<\/p>\n\n\n\n<p>This\nhuge financial basket in the sector is meant to bankroll oil infrastructure and\nopen the Kabaale International Airport to aid tourism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Yoweri Museveni has, in his State of the Nation Address to Parliament at the Kampala Serena Conference Centre on Thursday 6 June 2019, pronounced seven major drivers of economic progress, saying the economy is on course to self-sustenance. In his three hour address, Museveni said he is banking on industrialisation to promote export using [&hellip;]<\/p>\n","protected":false},"author":27983,"featured_media":9595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[98],"tags":[31],"class_list":["post-9594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economy Is On Course To Self-Sustenance \u2014 Museveni - Uganda Mirror<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ugmirror.com\/index.php\/2019\/06\/07\/economy-is-on-course-to-self-sustenance-museveni\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Is On Course To Self-Sustenance \u2014 Museveni - Uganda Mirror\" \/>\n<meta property=\"og:description\" content=\"President Yoweri Museveni has, in his State of the Nation Address to Parliament at the Kampala Serena Conference Centre on Thursday 6 June 2019, pronounced seven major drivers of economic progress, saying the economy is on course to self-sustenance. In his three hour address, Museveni said he is banking on industrialisation to promote export using [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ugmirror.com\/index.php\/2019\/06\/07\/economy-is-on-course-to-self-sustenance-museveni\/\" \/>\n<meta property=\"og:site_name\" content=\"Uganda Mirror\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/UgMirror\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-07T07:23:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-07T07:23:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ugmirror.com\/wp-content\/uploads\/2019\/06\/criminality.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@UgMirror\" \/>\n<meta name=\"twitter:site\" content=\"@UgMirror\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/ugmirror.com\\\/#\\\/schema\\\/person\\\/134950656d7567db5b0f404200cd5ce8\"},\"headline\":\"Economy Is On Course To Self-Sustenance \u2014 Museveni\",\"datePublished\":\"2019-06-07T07:23:37+00:00\",\"dateModified\":\"2019-06-07T07:23:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/\"},\"wordCount\":237,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ugmirror.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ugmirror.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/criminality.jpg\",\"keywords\":[\"Featured\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/\",\"url\":\"https:\\\/\\\/ugmirror.com\\\/index.php\\\/2019\\\/06\\\/07\\\/economy-is-on-course-to-self-sustenance-museveni\\\/\",\"name\":\"Economy Is On Course To Self-Sustenance \u2014 Museveni - 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