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Uganda - Farm Income Enhancement and Forest Conservation II - ESMP Summary – 07 2015
Uganda’s economy is forecast to grow at a rate of approximately 5.6% in FY14/15, and could maintain an upward trajectory into the near future, as oil investments and the large infrastructure programs boost construction activities. Uganda’s population is estimated to be 34.9 million (2014 population census) and is growing at roughly 3.2 per cent per year, one of the world’s highest rates. Uganda has made important progress towards meeting the Millennium Development Goals (MDGs), especially with respect to income poverty, gender equality and women empowerment, reducing child mortality, ensuring environmental sustainability and developing a global partnership for development. A key challenge to accelerating progress towards middle income status and promote shared prosperity is to raise productivity in sectors where most people are employed or move people from low to higher productivity activities.