Tag Archives: GDP

Kampala, Uganda | THE INDEPENDENT | Uganda’s Gross Domestic Product (GDP) per capita is now equivalent to $800, President Yoweri Museveni stated in his State of the Nation Address this afternoon. Uganda’s  Gross Domestic Product per capita was last recorded at $666.61 in 2017. It averaged 439.43 USD from 1982 …

  PUBLIC DEBT: Why is it growing? Is it prohibitive, unsustainable? Kampala, Uganda | ANDREW M. MWENDA | On January 10, I watched with increasing depression a debate about Uganda’s national debt on the NBS Frontline show. Although the Minister of State for Finance, David Bahati, made many good arguments …

We have to know what matters to people, improves their wellbeing, and how we can supply it more COMMENT | JOSEPH E. STIGLITZ | Just under ten years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report, Mismeasuring Our Lives: Why GDP Doesn’t Add …

And the secret formula needed to accelerate GDP growth Kampala, Uganda | THE INDEPENDENT | Uganda’s economy is likely to grow by 6.5%, according to central bank governor Emmanuel Tumusiime Mutebile. That would be about 12% higher than last year and the highest rate in years. But there is a problem; …

Instead of seeking a new, disruptive framework, we should focus on making incremental changes COMMENT | URS ROHNER | Respected economists have long pointed out that gross domestic product is an inadequate measure of economic development and social well-being, and thus should not be policymakers’ sole fixation. Yet we have not gotten …

Kampala, Uganda |  AGENCIES | World Bank says growth higher than stated Large scale urbanisation has already taken place in Rwanda, with the pace of it much faster than official records suggest because the definition of urban areas needs refining. Urbanisation appears to have had a positive impact on structural …

Abidjan, Ivory Coast | THE INDEPENDENT | The latest African Economic Outlook (AEO) report indicates that foreign direct investment (FDI) flows following the recent issuance of oil exploration licenses and  the investment in infrastructure development is expected to spur Uganda’s economy for most of 2018. The African Development Bank 2018 …

Unlocking economic growth by breaking through both cost and planning barriers of physical infrastructure COMMENT | FARHAD KHAN | The African Development Bank projects that Uganda’s GDP will grow from 5.1% in 2017 to 5.8% in 2018. Among other factors, the government has highlighted the role of information communications technology (ICT) as …

Changes to how wealth is generated and distributed require new social contract for a digital age COMMENT| Manuel Muñiz | Macroeconomic data from the world’s advanced economies can be mystifying when viewed in isolation. But when analysed collectively, the data reveal a troubling truth: without changes to how wealth is …

But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …