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Understanding Uganda’s Commodity Exchange

Published on August 01, 2018

Some people believe agriculture is the ‘green gold’ that can transform Uganda’s economy. But the contribution of agriculture to Gross Domestic Product, according to Uganda Bureau of Statistics (Ubos), has been falling. It dropped to 21 per cent in the 2017/18 financial year compared to 21.5 per cent in 2016/17.

People also believe that the fight against low or no income begins with a farmer especially in Uganda where 80 per cent of households bank on agriculture for profit and food. Statistics from the National Household survey 2016/17 show that 52 per cent of households in rural areas do crop farming as the main source of income. Read more. Source | Daily Monitor