Uganda’s Economic Progress with A Vision for Growth and Development

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The country has made significant progress, and I want to thank the UPDF for their important role in this. Uganda's economy is doing well. We expect it to reach $59.3 billion by June 2025. We are aiming for a $500 billion economy in the next few years, and it’s important for people to pay attention to this. This growth comes mainly from improving infrastructure, increasing industrialization, and moving towards a knowledge-based economy. Oil production is also expected to help the economy grow quickly.

Uganda’s Economic Progress with A Vision for Growth and Development

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