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He said the NRM government has already made a long stride in addressing these challenges.
The President was today speaking during a meeting that he held with the new World Bank Country Director Philippe Dongier and the Bank’s new country Manager Ahmadou Moustapha Ndiaye, who called on him today at State House, Entebbe.
The meeting that was attended by the Minister of Finance and Economic Planning Hon. Maria Kiwanuka, the two World Bank officials and the President delved into issues related to the implementation of the development programmes that the Government of Uganda has prioritized in its quest for the transformation of the country.
Dongier assured President Museveni that the World Bank will work together with the Government of Uganda to ensure that the priority development programmes identified by the government are implemented in order to solve the bottlenecks that could still be a hindrance towards Uganda’s transformation programme.
According to an economic overview/ performance report, Uganda has established a record of prudent macro-economic management and structural reform over the past two decades and was one of the Sub-Saharan African countries to embark on liberalization and pro-market policies in the late 1980s.
The Government has since them maintained a stable macro-economic environment and sustained private sector oriented reforms that graduated the country into a mature reformer in 2006.
Growing at 6.3% in 2010/2011, Uganda’s growth over the years has remained well above Sub-Saharan African average.