Government has unveiled the strategic direction for the National Development Plan (NDP) for the next 5 years using the NDP phase III set for May 2020.
At the media Centre, state minister for finance David Bahati revealed that NDP III will build on the gains of NDP II and focus on increasing household incomes and improved quality of life for Ugandans.
With the national development plan phase II nearing expiration in June 2020, cabinet has approved the principle guiding framework for the NDP III.
State minister for Finance David Bahati told press that the thrust of NDP III will focus on reducing the subsistence nature of our economy through industrialization.
NDP III which will be achieved in 5 key objectives of enhancing value addition in key growth opportunities, strengthening the private and public sector, consolidate the stock and quality of productive infrastructure and finally increase productivity, inclusiveness and well being of the population.
Bahati says to achieve the five objectives several strategies have been identified to implement NDP III.
This comes at a time when government is in the preliminary review of NDP II and final evaluation of NDP I.
Despite registering a significant achievement with previous phases the planning has no been shot of challenges.
Pamela Mbabazi, the chairperson of the National Planning Authority, says slow implementation of government projects through delays in procurement have stood out.