Authoritarian tendencies and pervasive corruption stunt Uganda’s private sector development. Thanks to its rich natural resources, the country is expected to recover strongly from the Coronavirus (COVID-19) pandemic, but it remains exposed to commodity price changes. A young and growing populace will create opportunities for the consumer market. However, inequality is set to rise, whilst poverty persists. Although internet use is likely to grow, a new tax could subdue its use in the short term.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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