Business and Finance
Business and Finance
Sun, December 1, 2024
[ 08:01 AM ] - Bill Williamson
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[ 07:01 AM ] - Bill Williamson
[ 07:01 AM ] - Bill Williamson
[ 07:01 AM ] - Bill Williamson
[ 07:01 AM ] - Bill Williamson
[ 07:00 AM ] - Bill Williamson
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[ 05:30 AM ] - Bill Williamson
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[ 04:31 AM ] - Bill Williamson
[ 04:31 AM ] - Bill Williamson
[ 02:30 AM ] - Bill Williamson
40 per cent of Ugandans live below the poverty line
- Despite various poverty alleviation efforts, challenges such as corruption, inadequate financial literacy, and dependency continue to hinder progress
The article from Monitor discusses the persistent issue of poverty in Uganda, highlighting that 40% of Ugandans live below the poverty line. Despite economic growth, the benefits have not trickled down to the majority, with poverty rates remaining high especially in rural areas. The article points out that while urban poverty has decreased, rural poverty has not seen significant improvement. Factors contributing to this situation include limited access to quality education, healthcare, and economic opportunities, as well as issues like corruption, poor infrastructure, and an economy overly dependent on subsistence agriculture. The government and various NGOs are attempting to address these challenges through programs aimed at poverty alleviation, but progress is slow, and the article calls for more effective, targeted interventions to uplift the impoverished population.
Read the Full Daily Monitor Article at:
[ https://www.monitor.co.ug/uganda/business/finance/40-per-cent-of-ugandans-live-below-the-poverty-line-4841572 ]
Read the Full Daily Monitor Article at:
[ https://www.monitor.co.ug/uganda/business/finance/40-per-cent-of-ugandans-live-below-the-poverty-line-4841572 ]
Contributing Sources