While celebrating the 36 years of the National Resistance Movement (NRM) in power on January 26 this year, President Yoweri Kaguta Museveni said that Uganda will attain lower-middle-income status by 2026 after it failed to meet this milestone in 2020. In attendance that day at Kololo ceremonial grounds were mostly NRM party members, NRM MPs and government officials among others.
The National Development Plan (NDP) II had targeted 2020 as the year for Uganda to attain this coveted position. In a press statement issued by the presidential press unit (PPU) under the headline, ‘Middle income will be achieved by 2026, – President Museveni,’ the president said the economy will be $44 billion in July this year compared to $1.5 billion dollars when NRM/NRA came into power in 1986.
“This means that the economy has grown 29 times since that time in size. And in July, the GDP per capita will be about $980.
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