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Since 1995, Uganda has experienced rapid economic growth, but it is not clear to what extent this positive development can be attributed to Structural Adjustment. [25] Uganda is a member of the World Trade Organization, since 1 January 1995 and a member of the General Agreement on Tariffs and Trade, from 25 October 1962. [26]
Setting these priorities helped improve Uganda's credentials with international aid organizations and donor countries of the West, but in the first three years of Museveni's rule, coffee production remained the only economic activity inside Uganda to display consistent growth and resilience. [2] In 1987 GDP rose 4.5 percent above the 1986 level ...
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism .
Uganda is increasingly developing other energy sources besides hydroelectricity, including evaluation of nuclear energy. [9] The energy generated is expected to be used internally through the expansion of electricity access in Uganda from estimated 20 percent in 2016 (about 900,000 subscribers) to 40 percent in 2020 (about 3 million subscribers ...
The Petroleum Authority of Uganda (PAU), also known as the Uganda National Petroleum Authority, is governmental organisation that regulates the petroleum industry in Uganda, the third-largest economy in the East African Community. Its responsibilities include licensing, regulation, supervision of exploration, harvesting, refining, marketing ...
Uganda's economy generates income from annual exports that include coffee ($466.6 million), tea ($72.1 million), and fish ($136.2 million). [1] The country has commenced economic reforms and growth has been robust. In 2008, Uganda recorded 7% growth despite the global downturn and regional instability. [2]
Hut and metallic shack next to a high voltage electricity substation. In the 1980s, charcoal and fuel wood met more than 95 percent of Uganda's energy needs. [4] In 2005 and 2006, low water levels of Lake Victoria, the main source of the country's electricity generation potential, led to a generation shortage and an energy crisis.
The Uganda Oil Refinery is a planned crude oil refinery in Kabaale village, on the Eastern shore of Lake Albert along the Hoima–Kaiso–Tonya Road, Buseruka Sub-county, Hoima District, Western Region, Uganda, near the border with the Democratic Republic of the Congo. [2]