Kasaija opens the 9th Economic Growth Forum
Hon. Matia Kasaija during the opening of the 9th Economic Growth forum at Serena, Kampala
Finance Minister Hon. Matia Kasaija while officially opening 9th EGF said the conversation is happening at a time of unprecedented global change, marked by shifting geopolitics, tighter financial conditions, evolving trade patterns, and the growing impact of climate change. He said the above forces are reshaping economies everywhere, not only in Uganda, but across the whole world.
Kasaija said despite the challenges faced by Uganda such as infrastructure deficits, low productivity in key sectors, youth unemployment and climate related vulnerabilities, the country must be practical, disciplined, and forward-looking.
“With peace and stability as our foundation, and by working hard and staying focused, the challenges before us can be turned into opportunities for Uganda’s growth strategy,” said the finance minister, adding that Uganda’s direction is to clear: to monetise the economy, create wealth and jobs, and push our tenfold growth strategy towards 500 billion dollars by 2040.
Kasaija also said Uganda’s economy has shown resilience, adding that last year, the economy grew by 6.3%, above regional and global averages, with low inflation
