July 18, 2024

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History: “Every Ugandan will earn Shs 3.5m annually,” says President Museveni

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Uganda’s President Museveni yesterday said every Ugandan will earn Shs 3.5m annually or Shs290,000 monthly when the country attains a middle income status, the government’s 2020 vision. He was speaking at World Population Day National celebrations at Isingiro District headquarters.

According to the President, this will be achieved through increasing funding to agriculture, that employs majority Ugandans, and investing more in Operation Wealth Creation programme.

He added that Shs1 trillion will be injected in the Operation Wealth Programme up from Shs 361b allocated this financial year.

“I request people of Isingiro, and Ugandans in general, to embrace this struggle of total monetisation of the economy,” he said.

Mr Museveni said that the government started with investing in peace, followed by immunisation, education of children, and later in water, roads and electricity which, he claimed are responsible for the growth of the population from 16.7 million in 1991 to 34.6 million in 2014 and 38 million people currently.

This Article was extracted from theexchange.africa website, it was aired on 12 July 2016

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