Daily Monitor
Thursday January 28 2021
A SafeBoda rider sets off to deliver goods from the market to a customer during the lockdown. In the Budget Framework Paper for 2021/22 Financial Year, government seeks to sustain economic recovery from the impact of Covid-19, while maintaining the momentum towards achieving Vision 2040. PHOTO | RACHEL MABALA
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Government projects economic growth to recover to 5 per cent in the 2021/22 financial year.
The growth is expected to be attained through strategic interventions, which will mainly focus on increasing economic productivity.
The interventions, according to the 2021/22 National Budget Framework Paper, will mainly seek to increase household incomes and quality of life.
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State Minister of ICT and National Guidance to Uganda, Hon. Peter Ogwang pictured presenting the Budget Framework Paper for the next financial year and Uganda s digitization plan before the Parliamentary Committee on ICT. (Couresty Photo)
While presenting the Budget Framework Paper for the next financial year and Uganda’s digitization plan before the Parliamentary Committee on ICT, the State Minister of ICT and National Guidance to Uganda, Hon. Peter Ogwang said all Ugandans illegally accessing social media using virtual private networks (VPNs) are warned. Adding that all are supposed to be currently off social media until they fully restored.
Daily Monitor
Thursday December 24 2020
Tourism will be a key focus area as government seeks to change focus on creating employment. PHOTO | FILE
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Government will in the next financial year anchor its planning on maximising job creation through tourism, travel, manufacturing, construction, services, and trade.
However, agriculture will continue to be a key area as government seeks to turn it from subsistence to a cash-based sector.
The details are contained in the 2020/21 National Budget Framework Paper drawn by Ministry of Finance.
According to the Ministry of Finance, out of the 9.1 million Ugandans employed outside subsistence agriculture in 2017, which makes up 60 per cent of the working population), majority were in agriculture (3,257,800k, representing 35.8 per cent) followed by the services sector outside trade (2,639,000, representing 29 per cent), trade (2,065,700, translating into 22.7 per cent) and construction (1,137,500; which represent