A multi-sectoral strategy lauched by the Government of Uganda to create socio-economic transformation by transforming 39% of Ugandan households that are stuck in the subsistence economy into the money economy. The brief highlights that the Parish Development Model can potentially reduce poverty levels among the population. However, there are several emerging concerns that need to be addressed by the Government of Uganda if this strategy is to achieve its intended goals and objectives.
The analysis of the long-term foreign currency sovereign credit rating actions in Africa indicates that there were more sovereign rating downgrades than upgrades. Five countries were downgraded and these included: Burkina Faso; Ghana; Mali; Namibia; and Tunisia – compared to only two upgrades that included Angola and Democratic Republic of Congo (DRC).