- In 2014 Uganda saw the consolidation of macroeconomic stability and a gradual recovery of economic activity, with real GDP growth projected to reach 5.9% in FY 2014/15 from 4.5% growth in FY 2013/14.
- This recovery in economic activity is mainly supported by public investment on infrastructure, recovery in private domestic consumption and investment demand, and a rebound in agriculture.
- Uganda remains on track to achieve the Millennium Development Goal poverty reduction target as absolute poverty rates continue to drop, from 24.5% in FY 2009/10 to 19.7% in FY 2012/13 (with corresponding improvements in child nutrition and declining infant mortality) and overall life expectancy advances to 59, three years higher than in 2009.
Uganda field office
African Development Bank Group
14th Floor, Crested Towers Building
Plot 17/22 Hannington Road
P.O. Box 28509
Kampala - Uganda
Phone : (256) 414 236 166/7
Fax : (256) 414 234 011
Mr. Jeremiah MUTONGA , Resident Representative