Uganda Government to focus on agriculture, service, ICT and industry sectors- Museveni
President Yoweri Museveni has said that Government will this financial year concentrate on developing four key sectors- agriculture, service, ICT and industry as part of its efforts to foster economic growth and development.
According to Mr Museveni, government intends to do this by investing more money in these sectors so as to alleviate a number of economic challenges like poverty and unemployment. He further noted that government will invest more money in energy, industry and infrastructure so as to boost the economic development.
Mr Museveni revealed this on Thursday during the State of the National Address at Serena Conference Center in Kampala.
“This (State of the Nation Address) is not a mere constitutional ritual as some people may want to perceive it but accountability on the performance of government from the previous one. For this case therefore, I want to tell you that we (Government) intends to concentrate on key priority sectors like Agriculture, industry, services, ICT for wealth creation and access to employment,” Mr Museveni said.
According to the president, the agricultural sector has this year grown by over 5%, relatively higher than the previous years.
He also encouraged local farmers to embrace commercial/plantation agriculture which according to him will help put Uganda’s agricultural products at a competitive advantage on the global market.
In his speech punctuated with his usual sense of humour, Mr Museveni noted that although the sector (agriculture) faces a number of challenges like high cost of inputs and poor skills amongst the farmers, there is ready market for its products.