Dianah Nannono

H/PSDU
Ministry of Finance Planning and Economic Development

[Ministry of Finance @mofpedU]

PSST @rggoobi today officiated at the inaugural stakeholder engagement on boosting private sector investment in the agro-industry preceding the 14th National Competitiveness Forum ( NCF) scheduled to take place on September 21,2023 in Kampala.

This engagement is expected to tap into the technical expertise in sub-sectors of coffee,grains and oil seeds to unlock possible product spaces and investment opportunities for 10-fold economic growth.

Uganda's exports of merchandise goods amounted to USD 4.2 billion in April 2023 compared to USD 3.1 billion in April 2022.
This is 35.5% increase,mainly from export of gold,coffee,fish,sugar,beans,maize & light manufactured products to regional markets.

Speaking on boosting manufactured exports PSST @rggoobi noted that, "Identification of investment opportunities in key value chains has boosted production for export with manufactured exports re-emerging as a major contributor to merchandise exports."