TOP
Sunday,October 20,2019 00:16 AM

Cabinet directs finance ministry on second NDP

By Vision Reporter

Added 15th September 2014 07:37 PM

The Cabinet has directed the ministry of finance to fund the second National Development Plan (NDPII) that runs up to 2020.

2014 9largeimg215 sep 2014 164736333 703x422

The Cabinet has directed the ministry of finance to fund the second National Development Plan (NDPII) that runs up to 2020.


By Cyprian Musoke
 
KAMPALA - The Cabinet has directed the ministry of finance to fund the second National Development Plan (NDPII) that runs up to 2020.
 
The last NDP dubbed “Uganda’s Vision 2011-2015” lapses in June 2015, hence the endorsement of a new one that runs till 2020 dubbed “Strengthening Uganda’s competitiveness for sustainable wealth creation, inclusive growth and employment.”
 
The Cabinet decision made after a briefing from ministers and experts is intended “to facilitate the current development challenges and the necessary interventions to hasten Uganda’s transformation to a middle income state”.
 
Addressing the press about the Cabinet decisions at the Media Centre, information and national guidance minister Rosemary Namayanja said that Cabinet also approved other key NDP priority areas including agriculture, tourism, energy, and mineral development.
 
“Government approved the comprehensive NDP in 2007 with a 30 year Vision to be implemented through six five-year national development plans.”
 
“The approved Vision articulates the long and medium term development goals, strategies and policy to transform the country into an upper middle income bracket. As a segment of this long-term Vision, Cabinet approved the Uganda’s Vision 2020,” said the minister.
 
The first NDP will elapse in June 2015 and to sustain and build on the progress so far reached, there is need to develop the second NPD, she told the press.
 
 “On this basis, Cabinet therefore approved the second NDA framework 2020 with emphasis on key sectors that have that greatest multiplier effect to propel Uganda to middle income status.”
 
According to ministry officials who briefed Cabinet, the theme of the second NDP will be “Strengthening Uganda’s competitiveness for sustainable wealth creation, inclusive growth and employment.”
 
Other issues discussed were the need to increase sustainable production and value addition, in the key growth sectors, the need to increase stock and quality of strategic infrastructure to accelerate the country’s competitiveness.
 
Also discussed was the need to enhance human capital development, and strengthening the mechanisms for quality, effective and efficient service delivery.

Cabinet directs finance ministry on second NDP

Related Articles

More From The Author

Related articles