
What are remedies to Uganda’s (LDC) economic structure
The following are proposed remedies
The large subsistence sector can be reduced by the following measures
- There is need to establish, provide and maintain adequate infrastructures such roads and electricity supply to stimulate production in rural areas
- Value addition to agricultural products to attract high prices
- Cooperative movements should be fostered to encourage production and joint marketing
- Provision of credit facilities to the farmers
- Diversification within agriculture sector
- Access to inputs such as fertilizers and tractors
The import-export structure can be changes through
- Import restrictions to minimized expenditure of foreign exchange
- Export promotions
- Government should encourage industrial development
Economic dependence can be reduced by
- Control population growth rate
- Providing and improving education system to provide skilled manpower
- Improved tax system for internal financing
- Promotion of technological research and innovation
- Development and provision of communication and information technology
CATEGORIES Economics
TAGS Dr. Bbosa Science
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