Museveni to Unveil Shs50 Trillion Development Plan
By Evelyn Lirri
Kampala — President Yoweri Museveni will this afternoon launch a shs50 trillion five year development plan for the country which is expected to address pressing issues like poverty and employment.
According to a statement from the ministry of Finance, Planning and Economic Development, the plan, "will contribute to the attainment of Uganda's vision of a 'transformed Ugandan society from a peasant to a modern and prosperous country within 30 years."
Currently, 31 per cent of Ugandans are living in poverty while according to the Uganda National Household Survey (UNHS) 2005/06, out of the total labour force of 10 million ugandans,14 per cent are unemployed or underemployed.
The new National Development Plan (NDP), which replaces the Poverty Eradication Action Plan (PEAP) will guide the country's development plans over the next five years. It is themed "Growth, Employment and Socio-Economic Transformation for prosperity."
The PEAP was launched in 1997 and has been Uganda's guidebook to eradicating poverty for the past 13 years. It expired in June 2008.
Dr. Abel Rwendeire, the National Planning Authority Vice Chairperson says the the new plan has a strong focus on strategies to increase household incomes, increase gainful employment and enhance human capital development.
Planning State Minister Prof. Ephraim Kamuntu says the new plan once properly impended would spar development. He adds that government will ensure that the plan is achieved by committing enough finances towards set goals. He revealed that over shs50 trillion will be invested to implement the plan over a the five year period.
Areas of focus include improving social, economic and trade infrastructure, developing efficient, innovative and internationally competitive industries, developing and optimally exploiting the natural resource base and ensuring environmental and economic sustainability.
The plan is also aimed at strengthening good governance and improving human security.
"In the new development plan, one of the challenges identified is improving the quality of our population by empowering the people and this is what we want to address," said Prof. Kamuntu last week.
The NDP has been drawn by the Ministry Finance Planning and Economic Development and the National Planning Authority.
The plan will be unveiled at the Serena Conference Centre in Kampala.