Following the release of new GDP estimates, nominal GDP for FY18/19 increased and the structure of the economy has changed. In October 2019, the Uganda Bureau of Statistics (UBOS) released new GDP estimates, updating the base year for estimating economic activity to 2016/17 from 2009/10.
... See More + As a result, nominal GDP for FY18/19 was revised upwards from USh 109,945 billion to USh 128,499 billion. Furthermore, the share of industry in GDP has increased from about 20 percent to almost 30 percent. At the same time, there has been a drop in the share of services from about 58 percent to 46 percent. Manufacturing has doubled its share from about 8 percent to over 16 percent of GDP, whilst information and communications (IC) has fallen from 12 percent to just under 2 percent of GDP. Real GDP grew by 6.5 percent in FY18/19, maintaining the rebound in economic activity over the last two years. This has been driven by strong levels of domestic consumption and sustained levels of public and private investment. Net FDI inflows shot up to 5.1 percent of GDP in FY18/19 from 3 percent of GDP the previous year. The construction sector continues to grow at double-digit levels. There has been a jump in manufacturing growth supported by recent expansions in the sector, including investments in new factories. Agriculture was boosted by another decent harvest and a strong rebound in fisheries. Levels of GDP growth of about 6 percent and above are expected over the medium-term, driven by consumption spending, intensified private and public investments in infrastructure for industrialization, electricity transmission, and preparation for oil extraction. Still, this growth is not high enough for Uganda’s lower middle-income status and poverty reduction ambitions.
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The development objective of the Drought Recovery and Resilience Project for Malawi is to support the Government of Malawi to meet the immediate food security and livelihoods restoration needs of the communities affected by drought and promote recovery and resilience in key affected sectors.
... See More + Some of the negative impacts and mitigation measures include: (1) promote the use of energy efficient cooking stoves for workers; (2) migrant workers to ensure clean outer garments and personal effects to get rid of alien plants and seeds; (3) regenerate natural vegetation in all borrow pits after construction works to reduce soil erosion; (4) ensure sensitization of the communities on dangers of haphazard brick making and sand mining; (5) proper storage facilities for oils and fuels diesel and minimize spillage - bunded containment where necessary. Minimize spillage from machinery on site through proper maintenance, procedures for handling, and storing oils and fuels; (6) provision of appropriate pit latrines for construction workers giving consideration to soil types and distance to nearest surface water sources; and (7) use of well-maintained vehicles and construction equipment to reduce pollution.
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The development objective of the Drought Recovery and Resilience Project for Malawi is to provide immediate support to the Government of Malawi to meet the immediate food security and livelihoods restoration needs of the communities affected by drought and promote recovery and resilience in key drought-affected sectors.
... See More + Some of the negative impacts are include : (i) soil erosion and siltation, loss of trees, pollution to surface and ground water resources, soil erosion, dust emissions, solid and wastes; (ii) ponds may require land for temporary or permanent use; (iii) loss of land and houses, loss of business properties and opportunities, loss of crops, loss of household trees, loss of household fruit trees, loss access to natural resources, conflicts over land use and ownership, disruption of footpaths, pathways, roads for public and livestock, loss ofcommunity’s facilities such as churches, grazing land and open spaces; Some of the mitigation measures are include: (i) for farmer, cash compensation for affected land equivalent to replacement value at market value; (ii) for tenant, cash compensation for the harvest or product from the affected land or asset, equivalent to average market value of last 3 years, or market value of the crop for the remaining period of tenancy or lease agreement, whichever is greater; (iii) for farmer, land for land replacement will be in terms of a new parcel of land ofequivalent size and productivity with a secure tenure status at an available; (iv) for farmer and title holder, transfer of the land to PAPs shall be free of taxes, registration, and other costs; (v) for tenant, cash compensation equivalent to average of last 3 years’ market value for the mature and harvested crop, or market value of the crop for the remaining period of tenancy/ leaseagreement, whichever is greater; (vi)for business owner, cash compensation for affected landOpportunity cost compensation equivalent to 5 percent of net annual income based on tax records for previous year; (vii) for business owner is lease holder, opportunity cost compensationequivalent to 10 percent of net annual income based on tax records for previous year; for title holder, cash compensation for affected land at the prevailing rate of Ministry of landsand housing.
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