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Uganda Economic Update, 12th Edition, November 2018

Uganda Economic Update, 12th Edition, November 2018 PDF Author: World Bank Group
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Real GDP growth rebounded strongly to 6.1 percent in FY17/18, from 3.9 percent the previous year. The rebound was largely driven by a pick-up in investments and exports, and on the back of strengthened credit to the private sector and good weather. Consequently, services, particularly information and communications, sustained strong growth, and food crop production recovered. Inper capita terms, however, this rebound translates into a 3.1 percent growth rate, because of the rapidly growing population. Moreover, the heavy reliance on rain-fed and subsistence agriculture drives the volatility in economic growth at the margin, with spillover effects on exportearnings, and a considerable impact on the poor's income. Despite the rebound in economic growth in FY17/18, fiscal revenues stagnated, while the expenditure mix deteriorated further, with excessive current spending and under-execution in capital spending. Current spending exceeded last year's outcome by a striking 1.4 percent of GDP and was above the budgeted amount by 32 percent. At the same time, the larger current spending was not used to finance investments in human capital. Therefore, one of the government's priorities should be to rein in current spending and thereby keep public debt under control. Meanwhile, capital spending was 0.6 percent of GDP lower compared to the year before and fell short of the budgeted amount by 60 percent. Compared to peers, capital spending in Uganda stood at 4.4 percent of GDP in FY17/18, which is less than half the size ofRwanda's capital outlays at 10.3 percent of GDP, and only 60 percent of Kenya's at 7 percent of GDP. Combined with deficiencies in the 'quality at entry' of projects, cost escalations, and poor quality of some completed projects, this under-spending is constraining Uganda's ambitions for rapid growth and socio-economic transformation. Therefore, concerted efforts are required to improve public investment management.

Uganda Economic Update, 12th Edition, November 2018

Uganda Economic Update, 12th Edition, November 2018 PDF Author: World Bank Group
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Real GDP growth rebounded strongly to 6.1 percent in FY17/18, from 3.9 percent the previous year. The rebound was largely driven by a pick-up in investments and exports, and on the back of strengthened credit to the private sector and good weather. Consequently, services, particularly information and communications, sustained strong growth, and food crop production recovered. Inper capita terms, however, this rebound translates into a 3.1 percent growth rate, because of the rapidly growing population. Moreover, the heavy reliance on rain-fed and subsistence agriculture drives the volatility in economic growth at the margin, with spillover effects on exportearnings, and a considerable impact on the poor's income. Despite the rebound in economic growth in FY17/18, fiscal revenues stagnated, while the expenditure mix deteriorated further, with excessive current spending and under-execution in capital spending. Current spending exceeded last year's outcome by a striking 1.4 percent of GDP and was above the budgeted amount by 32 percent. At the same time, the larger current spending was not used to finance investments in human capital. Therefore, one of the government's priorities should be to rein in current spending and thereby keep public debt under control. Meanwhile, capital spending was 0.6 percent of GDP lower compared to the year before and fell short of the budgeted amount by 60 percent. Compared to peers, capital spending in Uganda stood at 4.4 percent of GDP in FY17/18, which is less than half the size ofRwanda's capital outlays at 10.3 percent of GDP, and only 60 percent of Kenya's at 7 percent of GDP. Combined with deficiencies in the 'quality at entry' of projects, cost escalations, and poor quality of some completed projects, this under-spending is constraining Uganda's ambitions for rapid growth and socio-economic transformation. Therefore, concerted efforts are required to improve public investment management.

Uganda Economic Update, 12th Edition, November 2018

Uganda Economic Update, 12th Edition, November 2018 PDF Author: Weltbankgruppe
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Real GDP growth rebounded strongly to 6.1 percent in FY17/18, from 3.9 percent the previous year. The rebound was largely driven by a pick-up in investments and exports, and on the back of strengthened credit to the private sector and good weather. Consequently, services, particularly information and communications, sustained strong growth, and food crop production recovered. Inper capita terms, however, this rebound translates into a 3.1 percent growth rate, because of the rapidly growing population. Moreover, the heavy reliance on rain-fed and subsistence agriculture drives the volatility in economic growth at the margin, with spillover effects on exportearnings, and a considerable impact on the poor's income. Despite the rebound in economic growth in FY17/18, fiscal revenues stagnated, while the expenditure mix deteriorated further, with excessive current spending and under-execution in capital spending. Current spending exceeded last year's outcome by a striking 1.4 percent of GDP and was above the budgeted amount by 32 percent. At the same time, the larger current spending was not used to finance investments in human capital.Therefore, one of the government's priorities should be to rein in current spending and thereby keep public debt under control. Meanwhile, capital spending was 0.6 percent of GDP lower compared to the year before and fell short of the budgeted amount by 60 percent. Compared to peers, capital spending in Uganda stood at 4.4 percent of GDP in FY17/18, which is less than half the size ofRwanda's capital outlays at 10.3 percent of GDP, and only 60 percent of Kenya's at 7 percent of GDP. Combined with deficiencies in the 'quality at entry' of projects, cost escalations, and poor quality of some completed projects, this under-spending is constraining Uganda's ambitions for rapid growth and socio-economic transformation. Therefore, concerted efforts are required to improve public investment management.

Uganda Economic Update, August 2013, Second Edition

Uganda Economic Update, August 2013, Second Edition PDF Author:
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

Book Description


Doing Business 2020

Doing Business 2020 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 241

Book Description
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

The Uganda Gazette

The Uganda Gazette PDF Author: Uganda
Publisher:
ISBN:
Category : Gazettes
Languages : en
Pages : 432

Book Description


CURRENT AFFAIRS JUNE - JULY 2018

CURRENT AFFAIRS JUNE - JULY 2018 PDF Author: Ramdevsinh Jadeja
Publisher: Ratish Kakkad
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 71

Book Description
CURRENT AFFAIRS JUNE - JULY 2018

Food Security and Land Use Change under Conditions of Climatic Variability

Food Security and Land Use Change under Conditions of Climatic Variability PDF Author: Victor R. Squires
Publisher: Springer Nature
ISBN: 3030367622
Category : Technology & Engineering
Languages : en
Pages : 358

Book Description
This volume analyzes the global challenges of food security, land use changes, and climate change impacts on food production in order to recommend sustainable development policies, anticipate future food services and demands, and identify the economic benefits and trade-offs of meeting food security demands and achieving climate change mitigation objectives. The key points of analysis that form the conclusions of this book are based on measuring the quantity and quality of land and water resources, and the rate of use of sustainable management of these resources in the context of socio-economic factors, including food security, poverty, and climate change impacts. In six parts, readers will learn about these crucial dimensions of the affects of climate change on food security, and will gain a better understanding of how to assess the trade-offs when combating multiple climate change challenges and how to develop sustainable solutions to these problems. The book presents multidimensional perspectives from expert contributors, offering holistic and strategic approaches to link knowledge on climate change and food security with action in the form of policy recommendations, with a focus on sociological and socio-economic components of climate change impacts. The intended audience of the book includes students and researchers engaged in climate change and food security issues, NGOs, and policy makers.

OECD Science, Technology and Innovation Outlook 2018 Adapting to Technological and Societal Disruption

OECD Science, Technology and Innovation Outlook 2018 Adapting to Technological and Societal Disruption PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264307575
Category :
Languages : en
Pages : 320

Book Description
The OECD Science, Technology and Innovation Outlook 2018 is the twelfth edition in a series that biennially reviews key trends in science, technology and innovation (STI) policy in OECD countries and a number of major partner economies. The 14 chapters within this edition look at a range of ...

Why Regional Tier Form of Decentralization Governance’s Implementation Is a Preliquist for Uganda’s Better Service Delivery of 21st Century

Why Regional Tier Form of Decentralization Governance’s Implementation Is a Preliquist for Uganda’s Better Service Delivery of 21st Century PDF Author: Deo Rwangoga
Publisher: Exceller Books
ISBN:
Category : Business & Economics
Languages : en
Pages :

Book Description
The book looks at Decentralization governance of president Museveni era, that was registered in Uganda of the local government status(1987),resistance councils status(1993), as well as into the 1995 constitution, operationalized by the local government act(1997) that devolved legislative, fiscal planning & budgeting functions to districts ,Municipal councils, as well as their lower tier levels, whose idea was to involve the people in a way they were governed, the dream that have not been achieved looking at what the cries of people are as expressed in all sectors. This book analyses Decentralization from 1997 to 2019, and deduces that the first phrase of it (10 years), that is up to 2005, was a success that time the district were 69 in number, but beyond that time it was not at all, and up to now as it is continuously becoming harder to manage, those very many administrative units that jumped from just 39 districts in 1991 to 134 Districts in 2020, as well as municipalities created alongside districts , that now stand at 41(2018), all , contributing to formation of a Member of Parliament that total to 459 MPs(2018). All this has led Uganda to have a very poor governance system, as even primary sectors of health, education, agriculture and economy are in a dilemma state, leave alone local revenue collections that are directed from source to Centre before expenditure and the districts have to request back to do any activity, including emergencies like garbage management, repairs and salaries, making services delivery impossible to be efficient and effective in all ways at these levels. The book is based on secondary data that, reported on governance issues of the day as written in Ugandan media that were people’s feelings as issues of the time as well some Journals, observations and interviews. The book introduces decentralization &governance of Uganda, identifies current state of affairs of service delivery, presents why there was need for many new administrative units, and their state now, looks at history of parliament, feudalism, identifies lost pride of Ugandans ,proposes what regional tier governance can address as well as linking the past with today’s Ugandan governance. Finally the book proposes prerequisite regional tier power centres relevant to today’s Uganda and concludes with models that can help us achieve vision 2040 and therefore proposes immediate need to implement regional tier governance that will establish all three arms of government at regional centres of Uganda, remember it was agreed to be implemented by those that deemed it under article, 178(3). It is apparent that all regions should therefore implement it as a solution to service delivery that is very poor now.

Political Handbook of the World 2018-2019

Political Handbook of the World 2018-2019 PDF Author: Tom Lansford
Publisher: CQ Press
ISBN: 1544327137
Category : Reference
Languages : en
Pages : 2065

Book Description
The Political Handbook of the World provides timely, thorough, and accurate political information, with more in-depth coverage of current political controversies than any other reference guide. The updated 2018-2019 edition will continue to be the most authoritative source for finding complete facts and analysis on each country’s governmental and political makeup. Compiling in one place more than 200 entries on countries and territories throughout the world, this volume is renowned for its extensive coverage of all major and minor political parties and groups in each political system. It also provides names of key ambassadors and international memberships of each country, plus detailed profiles of more than 30 intergovernmental organizations and UN agencies. This comprehensive update will include coverage of current events, issues, crises, and controversies from the course of the last two years, including: Elections across Europe Referendum in Ireland Rohingya genocide in Myanmar The Venezuelan dictatorship The renaming of Swaziland to eSwatini Qatar diplomacy changes Historic meeting between the United States and North Korea Establishment of a new governing coalition in Liberia