Uganda/Rwanda to graduate from UN list of low developing countries.

Uganda and Rwanda are likely to be elevated from the list of low developed countries by 2030.This is due to their remarkable rapid growth on sustainable development in the east African

Uganda was classified by the United Nations as a Least Developed Country (LDC) in 1971, joining a group of nations identified as most vulnerable in the global economy. After more than five decades of steady progress—including a stable macro-economic environment, and improvements in health and education—the country was considered for a possible graduation from that category.

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In March 2024, the UN Committee for Development Policy (CDP) pronounced Uganda eligible for graduation for the first time, confirming that the country had met the required human development indices. Uganda will remain under review, with a second assessment scheduled for 2027 to ensure these gains are maintained.

During this three-year review period, the United Nations is undertaking two detailed studies: one on the impact of graduation on Uganda’s trade preferences and resilience amid global market shifts, and another on the country’s economic, social, and environmental vulnerability.

Due to its remarkable rapid growth on sustainable development in the east African region attributed to the 10 point program which is comprised of building an integrated self propelled economy ugandas status may be elevated by the year 2030.
Speaking at the National engagement workshop on Enhancing Trade Resilience for Uganda’s LDC Graduation,David Bahati the Minister of State for Trade industry and coperatives says sustained peace and security, food security has kept the country in a positive growth.
He says Uganda’s exports have now reached 11 billion US dollars against 13 billion US dollars.
He says uganda is now concentrating on strategic domestic trade,SME growth through digital transformation.
The two day engagement is being held at 4 points by Sheraton Hotel in Kampala.