REPORT SHOW THAT 36% OF THE NATIONAL INCOME IS SHARED BY THE RICHEST 10% OF THE POPULATION

REPORT SHOW THAT 36% OF THE NATIONAL INCOME IS SHARED BY THE RICHEST 10% OF THE POPULATION

By Allice Lubwama

The latest report on inequality levels in Uganda by Oxfam Uganda shows  that 36% of the national income is shared by the richest 10% of the population while the poorest 10% claim 2.5 of the national income and the poorest 20% have only 5.8 to share.

The report also indicates that although the country has been growing but the growth is not equally shared by the people.

According to the study made from various districts across the country the poverty levels remain highest in the northern and northeastern parts of the country.

Releasing the report in Kampala today the led researcher professor Augustus Nuwagaba said that the sectors that are growing including banking and telecommunication employ a few number of people yet the agriculture sector that employees the largest number of people its growth has declined by 1.1%, contributing less to GDP .

Oxafam’s country director Peter Kamalingin says that if exclusive growth is not addressed, in the long run the economy will stagnant, adding that this is an immediate threat to national security and long term instability.

Photo Credit: New Vision

Comments

comments