President Yoweri Museveni has said the NRA/NRM has reduced poverty by astronomical 162 percent in the space of 33 years.
Speaking at the ongoing National Resistance Movement Parliamentary Caucus at National Leadership Institute (NALI) Kyankwanzi on Friday, Museveni said his government has channeled investments towards development impactful to standards of living of citizens.
According to the President, 56 percent of Ugandans were living below the poverty line in 1986 when he had just assumed power after a 5 years guerilla war, and today only 21.4 percent of people are living below the poverty line.
“The people below the poverty line in 1986 were above 56%. The people below the poverty line today are 21.4%,” said Museveni.
People living below the poverty line are those who spend less than a dollar or Shs 3,600 a day.
He described the above figures, which represents 162 percent improvement, as dramatic fall in poverty.
“This is a dramatic fall in poverty figures. Some of the causes for the fall of poverty figures are on account of Government action by spending on education, health, water and others,” added Museveni.
Museveni noted that government’s deliberate action in critical sectors is responsible for the reduction in poverty.
“Some of the causes for the fall of poverty figures are on account of Government action by spending on education, health, water and others,” noted Museveni.
He remarked that the whole population has not taken advantage of the Government efforts and responded to the call to join the money sector, something that would have even resulted to better figures.
“According to the census figures that I always quote, only 32% of the homesteads are the only ones that are in the money economy. 68% of the homesteads are not part of the money economy. Yet, only 20% are below the poverty line. This, therefore, means that many in the 68%, although they are not part of the money economy, nevertheless, they are not below the poverty line. How much more would we have achieved if these 68% were part of the money economy?” remarked Museveni.