Has achievement of sound economic fundamentals benefited Uganda?

Although I have written a lot about Uganda’s economy, I continue to get requests from readers to write more and elaborate on issues that remain unclear to some. In doing so there is a risk of repetition. As I have observed before, I am not writing for professional economists but the general public that wish to understand some economic concepts and how they impact on their quality of life. This brings me to the notion of economic growth. In any economy economic growth is necessary but it can have meaning only if it contributes to tackling poverty and improving the standard of living of the population. Thus, economic growth in Uganda or elsewhere is not an end in itself although NRM has treated it as such. As a minimum, growth must meet the basic needs of education, healthcare, food, clothing and housing. So are sound economic fundamentals.

Has achievement of sound economic fundamentals benefited Uganda?

Although I have written a lot about Uganda’s economy, I continue to get requests from readers to write more and elaborate on issues that remain unclear to some. In doing so there is a risk of repetition. As I have observed before, I am not writing for professional economists but the general public that wish to understand some economic concepts and how they impact on their quality of life. This brings me to the notion of economic growth. In any economy economic growth is necessary but it can have meaning only if it contributes to tackling poverty and improving the standard of living of the population. Thus, economic growth in Uganda or elsewhere is not an end in itself although NRM has treated it as such. As a minimum, growth must meet the basic needs of education, healthcare, food, clothing and housing. So are sound economic fundamentals.