World Bank reports on Ugandan economy
16 February 2010
The World Bank has published a study that found certain economic inequalities in employment opportunities in Uganda.
According to the Daily Monitor, the World Bank's study entitled Unlocking opportunities for job creation in Uganda examined the wage and non-wage sector.
It found that the central region was home to better job opportunities in both areas, despite the fact that only 30 per cent of the country's labour force can profit from this.
Lead economist for Eastern and Southern Africa Dr Louise Fox revealed the findings at a news conference yesterday (February 15th).
She explained that Uganda's economy had been one of the region's fastest growing, but that high unemployment levels in the country remain.
There is a high population growth in the country, which could mean that many young people will enter the labour force in the coming decades.
Dr Fox said: "This is a challenge to government, there is need to develop population policy control in this country."
The 2002 census noted the population in Uganda to be at 24.2 million, with an annual growth rate of 3.2 per cent, the Uganda Bureau of Statistics reports.