TOP

Uganda Vision 2040

By Vision Reporter

Added 18th April 2013 02:46 PM

Over the last 30 years, Uganda’s planning frameworks have focused on short to medium term horizons. However, experience shows that long term planning is a key factor in propelling socioeconomic development and equitable distribution of wealth in many countries all over the world.

2013 4largeimg218 apr 2013 114631363 703x422

1.0. BACKGROUND

 1. Over the last 30 years, Uganda’s planning frameworks have focused on short to medium term horizons. However, experience shows that long term planning is a key factor in propelling socioeconomic development and equitable distribution of wealth in many countries all over the world.

A case in point a number of East Asian countries (Malaysia, Singapore, South Korea, and Thailand) adopted long term planning to guide their development paths. The long term planning helped to guide Governments in these countries to intervene strategically through multiple approaches to foster growth.

2. In this regard, Government in 2007, government approved the Comprehensive National Development Planning Framework(CNDPF) which provides for the development of a 30 year

Vision to be implemented through: three 10-year plans; six 5-year National Development Plans (NDPs); Sector Investment Plans (SIPs); Local Government Development Plans (LGDPs), Annual work plans and Budgets. Consequently, Cabinet approved the National Vision Statement, “A Transformed Ugandan Society from a Peasant to a Modern and Prosperous Country within 30 years”.

3. The Uganda Vision 2040 articulates clear strategies and policy directions to transform the country into a competitive upper middle income country with per capita income of USD 9,500. This requires average real GDP to grow at the rate of 8.2 per cent per annum translating into total GDP of about USD 580.5bn from USD17bn in 2010. Uganda’s population is projected to reach 61.3m from 32.9m in 2010.

4. This Vision 2040 builds on the previous efforts, lessons learnt and analysis of our past development strategies including Vision 2025 and Draft Vision 2035. It also incorporates emerging development prospects including the discovery of oil and gas reserves, green economy, demographic profile, E-revolution, globalization and regional economic integration among others, as well as associated challenges.

5. As shown in figure 1, Uganda will graduate into a lower middle income country by 2017, progressing to an upper middle income category by 2032 and attaining its target of USD9500 in 2040. Projections therefore indicate that Uganda is likely to attain a first world status within the next fifty years. Click to view

SOME OF THE OPPORTUNITIES IN THE UGANDA VISION 2040

STRATEGIES FOR HARNESSING THE OPPORTUNITIES

 

 

Uganda Vision 2040

More From The Author