• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News National News

Middle income status still achievable

David Kugonza by David Kugonza
October 10, 2018
in National News, News
0
Middle income status still achievable
7
VIEWS
Share on FacebookShare on Twitter

By Catherine Ageno

Government is optimistic the country will achieve its middle income status target by 2020 despite some challenges.

Related articles

Besigye, Mukaaku finally granted bail

NRM CEC seats today to vet EALA aspirants

It comes at a time many economists are expressing skepticism about realization of this target.

Speaking on the sidelines of the 2018 Independence Day celebrations, the minister for finance Matia Kasaijja said that government was still hopeful that this target would be achieved as planned.

He said that some of the challenges threatening this target are rapid population growth and ineffective implementation of government projects.

Also cited as one of the impediments to Uganda’s economic growth is the entrenched problem of poverty. A recent study by Twaweza’s Sauti za Wananchi indicates that the 5% economic growth rate recorded in the recent years has not reached everyone.

The study also points to the citizens’ ability to send and receive money simply and securely as one on the ways that they can improve the lives of the poor and help to address some of their short-term needs and challenges. It says 2 out 3 citizens use mobile money services.

However, a section of the civil society has expressed pessimism about the minister’s pronouncements because Ugandans will now dig deeper into their pockets after Parliament early this month passed the contentious Excise Duty Amendment Bill 2018 No 2, approving a 0.5 per cent tax on mobile money transactions.

The levy that took immediate effect has since left many Ugandans especially the mobile money operators lamenting, some of whom have been pushed out of business and rendered jobless.

 

David Kugonza

David Kugonza

Related Posts

Besigye, Mukaaku finally granted bail

Besigye, Mukaaku finally granted bail

by Noelyn Nassuuna
July 1, 2022
0

Former presidential candidate, Dr Kizza Besigye and his co-accused Samuel Lubega Mukaaku have been granted a cash bail of Shs2.5 million each and ordered not to...

NRM CEC seats today to vet EALA aspirants

by Noelyn Nassuuna
July 1, 2022
0

By Prossy Kisakye The ruling NRM party's top organ, the Central Executive Committee (CEC) is today expected to sit to among other things; vet the aspirants...

UNATU vows to drag gov’t to court if teachers are fired

Striking teachers set for more gov’t talks today

by Noelyn Nassuuna
July 1, 2022
0

By Ritah Kemigisa The leadership of the National Teachers Union (UNATU) is today set to meet officials from the ministry of public service to negotiate for...

Museveni stops Muhoozi social media security talk

Museveni stops Muhoozi social media security talk

by Noelyn Nassuuna
June 30, 2022
0

President Museveni has reportedly stopped top military commanders, including his son and Commander of Land Forces (CLF), Lt Gen Muhoozi Kainerugaba, from commenting about security and...

Women rights activists call for equitable, quality education for girl child

Women rights activists call for equitable, quality education for girl child

by Noelyn Nassuuna
June 30, 2022
0

  By Prossy Kisakye Women rights activists have called for equitable and quality education for the girl child in the country. The call comes as the...

Next Post
Deputy Mayor Gombya refutes accusations of land grabbing

Deputy Mayor Gombya refutes accusations of land grabbing

Special sitting for the late former Attorney General Peter Nyombi not held today

Special sitting for the late former Attorney General Peter Nyombi not held today

President Kenyatta mourns 50 people who perished in a horror crash

President Kenyatta mourns 50 people who perished in a horror crash

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
Besigye, Mukaaku finally granted bail

Besigye, Mukaaku finally granted bail

July 1, 2022

NRM CEC seats today to vet EALA aspirants

July 1, 2022
UNATU vows to drag gov’t to court if teachers are fired

Striking teachers set for more gov’t talks today

July 1, 2022
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.