Under the National Development Plan IV (NDP IV), the government of Uganda targets a ten-fold economic growth between 2024 and 2040. Achieving this goal will require significant structural transformation, with labour shifting from low to high productivity sectors. The Office of the President recently conducted a comprehensive study on the performance of Uganda’s service sector and its contribution to growth and employment. What were the key issues addressed at this meeting, and could its findings hold the key to strengthening Uganda’s economic health? Today, economist Fred Muhumuza helps us unpack the insights.
BUSINESS UPDATE: Pre-Apex meeting on performance analysis of the service sector
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