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Legislators

Ugandan Parliament Praises President Museveni's Leadership Amid Economic Growth

Strategic Insights

— 1 min read

Members of Parliament in Uganda have commended President Yoweri Museveni for his leadership and initiatives that have transformed lives and boosted the economy, according to a recent motion passed in the House. The motion, initiated by Hon. Faith Nakut (NRM, Napak district), praised the government's efforts in promoting economic growth, job creation, and macroeconomic stability. The lawmakers highlighted the country's rapid economic growth, increased national revenue, and improved electricity generation.

Key Takeaways:

  • The Ugandan economy has grown from US$3.92 million in 1986 to a projected US$ 60.4 billion in the current financial year, with a 7 percent growth rate expected.
  • President Museveni's initiatives, such as the Parish Development Model and Emyooga, have transformed lives and boosted the economy, with some individuals earning up to Shs 1 million for the first time.
  • The country's national revenue has increased from Shs 5 billion in 1986 to Shs 31.9 trillion, with a notable growth in electricity generation from 156 to 2,052 megawatts.
  • The government's wealth creation programs, such as the Parish Development Model and Emyooga, have created jobs and stimulated economic growth.
  • Uganda's tourism sector has seen significant growth, with receipts increasing from US$ 562 million in 2020 to US$ 1.4 billion in 2024, attributed to peace, infrastructure, and Uganda Airlines' new international routes.
  • The Ugandan shilling has appreciated by 6.1 percent over the past year, and inflation is under control, with Uganda having Africa's second-lowest inflation rate over the past decade.

Statistics:

  • 7 percent growth rate expected for the coming financial year
  • US$ 3.92 million: the Ugandan economy in 1986
  • US$ 60.4 billion: the projected Ugandan economy in the current financial year
  • Shs 5 billion: the national revenue in 1986
  • Shs 31.9 trillion: the national revenue currently
  • 156 to 2,052 megawatts: the increase in electricity generation
  • US$ 562 million: tourism receipts in 2020
  • US$ 1.4 billion: tourism receipts in 2024
  • 26 percent: the increase in export growth to US$ 9.3 billion

Sources:

  • M2 PressWIRE - "President Museveni's Leadership Praised in the House" (C)1994-2025 M2 COMMUNICATIONS RDATE:31072025
  • Parliament of the Republic of Uganda
  • M2 PressWIRE - "Uganda: State of the Nation Address" (C)1994-2025 M2 COMMUNICATIONS RDATE:31072025

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