Matooke Republic
Thursday, June 18, 2026
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Every Ugandan will be earning Shs3m per month by 2040 according to Government

William Kasoba by William Kasoba
December 4, 2018
in News
Reading Time: 1 min read
Share on FacebookShare on Twitter
Government mouthpiece, Ofwono Opondo at the Uganda Media Centre. FILE PHOTO

The government has rubbished a report by Focus Economics Consensus Forecast that recently ranked Uganda third on the list of countries that will have a terrible decline in their GDP per capita from 2019 to 2023.

According to the government spokesperson, Ofwono Opondo, the growth path to the upper-middle-income status is real come 2040 and it will ensure that the majority of Ugandans get a decent amount of money per month.

Opondo said that “Every Ugandan should be earning at least Shs36m per year by the time the National Development Plan is completed.” This translates to Shs3million per month. 

RELATED POSTS

Former Kampala Lord Mayor Lukwago charged with misprision of treason; How does the offence differ from treason?

Erias Lukwago to appear in court over treason-related charges

“With improved transport, infrastructure and ICT we made sure there’s no excuse for not investing in Uganda. Any side of Uganda you go you find better industries being made,” he bragged.

The Executive Director of the Uganda Media Centre made the remarks on Tuesday while addressing military officials at the Oliver Reginald Tambo School of Leadership on the topic; “The Role of UPDF in achieving Vision 2040”.

Opondo said that the UPDF and the Police also used to get their salaries from donors but currently, the Government is footing 100% of their budget. 

Related

Tags: Ofwono Opondo
Share7Tweet1Send
William Kasoba

William Kasoba

Related Posts

Alan Kasujja.

Former BBC presenter Alan Kasujja appointed Uganda Media Centre Executive Director

by Matooke Republic
5 months ago

...

Ofwono Opondo.

Ofwono Opondo to step down as Government Spokesman, eyes Parliament seat for the elderly

by Matooke Republic
1 year ago

...

Museveni re-appoints Ofwono Opondo as Uganda Media Centre boss

by Matooke Republic
4 years ago

...

Lukwago drags Ofwono Opondo to court, seeks Shs500m compensation

by Matooke Republic
4 years ago

...

WEEK IN REVIEW: Lukwago accuses Ofwono Opondo of assault, NRM’s Herbert Edmund Ariko declared winner of Soroti East by-election as Winnie Nwagi confirms concert dates and venue

by Matooke Republic
4 years ago

...

Next Post

MISS WORLD 2018: Ugandans using the wrong websites to vote for Quiin Abenakyo

King Saha to evoke Mowzey Radio memories as he makes Coke Studio debut

RECOMMENDED

Former Kampala Lord Mayor Lukwago charged with misprision of treason; How does the offence differ from treason?

June 17, 2026

Have Navio and Mith just raised the bar for African Hip Hop?

June 17, 2026

MOST VIEWED

  • How to apply for the UPDF recruitment of 10,200 soldiers and what you need

    145 shares
    Share 58 Tweet 36
  • Muhoozi drops Kabanda from PLU’s top leadership

    24 shares
    Share 10 Tweet 6
  • I saw the breakup statement like everyone else – Shakib speaks out after Zari announces split

    24 shares
    Share 10 Tweet 6
  • Erias Lukwago to appear in court over treason-related charges

    18 shares
    Share 7 Tweet 5
  • Col. Edith Nakalema alleges former Miss Uganda Stellah Nantumbwe left marriage with husband’s property

    15 shares
    Share 6 Tweet 4
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.