During the 4th United Nations Conference on the Least Developed Countries (LDC IV) that took place in May 2011, in Istanbul, Turkey; Uganda and other UN Member States committed to creating conditions for attracting investments and promoting private sector development for enhanced productive capacities and accelerated human and social development.

The ratification of African Continental Free Trade Area (AfCTA) gives African Countries potential to transform and reach a higher level of diversification and competitiveness. The successful implementation of the African Continental Free Trade Area, the growing middle class, the emerging consumer market, the increased use of financial services and technology, and the performance of dynamic private entrepreneurs will all be drivers of export diversification and sustainable economic growth in Africa.

For the last two financial years, global focus has been on COVID-19 and how to contain the spread of the rapidly mutating disease. Numerous natural, economic and intellectual resources have been spent to contain the spread and enable economic recovery.

This annual report focuses mainly on; Climate Change, Physical Infrastructure, Enhanced Trade Environment, and Improved Business Competitiveness. Specifically, for Uganda, it analyses positions for economic growth despite COVID-19 challenges.

For the last two financial years, global focus has been on COVID-19 and how to contain the spread of the rapidly mutating disease. Numerous natural, economic and intellectual resources have been spent to contain the spread and enable economic recovery.

This annual report focuses mainly on; Climate Change, Physical Infrastructure, Enhanced Trade Environment, and Improved Business Competitiveness. Specifically for Uganda, it analyses positions for economic growth despite COVID-19 challenges.