Uganda: revising the growth model while preserving debt sustainability

After two decades (1990–2010) of strong growth and structural transformation, Uganda’s economy is still confronted with a high level of informality and a concentration of jobs in agricul-ture—a sector that is not very productive. In this context, bringing young people into the labor market is a major challenge for the country. Without substantial investment in human capital or the development of activities that will lead to skilled employment, Uganda will not be able to achieve its development and poverty-reduction goals.