Putting Leadership First: Capitec Foundation’s Decade of ImpactKampala, Uganda | © Sarine Arslanian/Shutterstock.com
KAMPALA, Uganda, 27 June 2024 -/African Media Agency/-The Ugandan economy remains resilient and is growing amid intensifying climate shocks and a challenging global environment. The outlook is positive, buoyed by diversified exports and investments in developing oil export infrastructure ahead of the start of oil production in 2025, according to the new. The report notes that real gross domestic product growth accelerated from 5.3% in FY22/23 to an estimated 6% in FY23/24.
To sustain the resilience and achieve inclusive growth, the report says Uganda needs to manage its debt, strengthen revenue mobilization, improve public investment management, plan to better manage oil revenues, and invest more strongly in human capital development drivers, such as health. Uganda has a young and growing population and is prone to public health emergencies, yet its public spending on health is low and declining. At $6.
Although public spending on health is inadequate, it is relatively effective and equitable . This is a gain that Uganda should expand on through policy reform that also targets enhanced investments in education and social protection to eventually reap a demographic dividend from its young and growing population.a) Strengthen the health-financing system to enhance adequacy, equity, effectiveness, efficiency, and sustainability of health financing.
b) Focus investments on primary health care, health promotion, and disease prevention and carefully managed investments in specialized healthcare.d) Improve the availability and productivity of the health workforce.The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.