KAMPALA, June 6 (Xinhua) -- Uganda's economy grew 5.8 percent in the 2017/18 financial year and is projected to take an upward trend in the coming financial years, the country's President Yoweri Museveni said on Wednesday.
Museveni while issuing the State of the Nation address said the growth is higher than the 4 percent registered the previous financial year.
He said the growth in the 2017/18 financial year is mainly on account of all sectors of the economy.
The four sectors that made the major contribution included industry (6.2 percent), services (7.3 percent), information, communication and technology (7.9 percent), and construction (12 percent).
Museveni said growth in the agricultural sector will lead to further growth of the economy. He said the government is going to boost irrigation and provision of fertilizers to farmers in a bid to boost agricultural production.
