Why did local chiefs of Uganda not like the economy of Uganda to develop?

Answer 1

U ganda me.

Answer 2

I wish I knew the full answers. I do know it has to do with the corruption and greed thing. It is a desire of a few of the powerful ruling class to hold on to that which has made a few very rich. They do not care who they have to kill in order to do so. No one in this world has ever really stopped this genocide, so they continue on. The attitude that genocide is ok has long stood in this small country, where Mothers watch their young starve before their eyes. They have to make a decision which child to give the little sustenance they do receive. Where people are so abondoned, they don't even have clothing to place on their backs. The children will eat dirt, they are so hungry. The world has always known of the...yet it continues. Why is that? What economy? There is no economy in Uganda. The only economy is what the so-called government there puts into it's pockets. The soldiers take the food, and what hits the ground the starving people get. Now we are hearing an outcry...it is still feeble, but it is starting to be heard...maybe it will shame others into becoming involved and removing these monsters from office in Uganda.

Answer 3

Endowed with significant natural resources, including ample fertile land, regular rainfall, and mineral deposits, the economy of Uganda has great potential, and it appeared poised for rapid economic growth and development. However, chronic political instability and erratic economic management produced a record of persistent economic decline that has left Uganda among the world's poorest and least-developed countries.

After the turmoil of the Amin era, the country began a program of economic recovery in 1981 that received considerable foreign assistance. From mid-1984 on, however, overly expansionist fiscal and monetary policies and the renewed outbreak of civil strife led to a setback in economic performance.

Since assuming power in early 1986, Museveni's government has taken important steps toward economic rehabilitation. The country's infrastructure—notably its transport and communications systems which were destroyed by war and neglect—is being rebuilt. Recognizing the need for increased external support, Uganda negotiated a policy framework paper with the IMF and the World Bank in 1987. It subsequently began implementing economic policies designed to restore price stability and sustainable balance of payments, improve capacity utilization, rehabilitate infrastructure, restore producer incentives through proper price policies, and improve resource mobilization and allocation in the public sector. These policies produced positive results. Inflation, which ran at 240% in 1987 and 42% in June 1992, was 5.4% for fiscal year 1995-96 and 7.3% in 2003.

Investment as a percentage of GDP was estimated at 20.9% in 2002 compared to 13.7% in 1999. Private sector investment, largely financed by private transfers from abroad, was 14.9% of GDP in 2002. Gross national savings as a percentage of GDP was estimated at 5.5% in 2002. The Ugandan Government has also worked with donor countries to reschedule or cancel substantial portions of the country's external debts.

Agricultural products supply nearly all of Uganda's foreign exchange earnings, with coffee alone (of which Uganda is Africa's leading producer) accounting for about 27% of the country's exports in 2002. Exports of apparel, hides, skins, vanilla, vegetables, fruits, cut flowers, and fish are growing, and cotton, tea, and tobacco continue to be mainstays.


The twenty-thousand Ugandan shilling banknote, issued by the Bank of Uganda.Most industry is related to agriculture. The industrial sector is being rehabilitated to resume production of building and construction materials, such as cement, reinforcing rods, corrugated roofing sheets, and paint. Domestically produced consumer goods include plastics, soap, cork, beer, and soft drinks.

Answer 4

With the rise of economy come prosperity and those bottom feeders that thrive on the control of the poor lose power and that makes them uncomfortable

Answer 5

its not of uganda but for most of the underdeveloped country / developing country..

cause they fear that they would not control the people when they are educated...

Answer 6

I believe the answer has something to do with the DH in the American League.

Answer 7

They were stingy