Achieving Middle Income Status: What needs to be done
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Date
2018
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Publisher
National Planning Authority
Abstract
Uganda aspires to attain a per capita income of USD 1,039 by 2020 as spelt out in the Second National Development Plan (NDPII). To achieve the middle-income target Uganda should sustain an average growth of above 10 percent in the remaining two and a half year period of NDPII. The reality is that this growth target cannot be achieved without a comprehensive economic transformation. As such, based on current trends the middle-income target cannot be achieved by 2020. Nevertheless, there are low hanging fruits that are within our national reach which if implemented efficiently, will fast track Uganda’s progress towards middle income status. This brief provides key highlights on technical guidance and policy direction on the attainment of middle income status as elaborated in NDPII. However, instead of providing the broad strategic direction already in NDPII, this brief unpacks the NDPII to provide micro/firm level low hanging implementable interventions for fast tracking progress to middle income target.