A new model that interlinks and makes calculation of various economic sectors more accurate in the Gross National Product (GDP) and forecasting of economic growth and policy analysis has been launched by the ministry of Finance.
Over the years there are many developments that have taken place in Uganda’s economy that requires a more comprehensive model (tool or system) to match with the current developments in the economy which is more sophisticated.
The ministry of Finance says the new model is more comprehensive and is better than the one it has been using because it is holistic unlike the former which was partially in nature. Read more. Source | Daily Monitor