Increasing Agricultural Sector Financing Why it Matters for Uganda’s Socio-Economic Transformation

"This paper identifies and discusses a number of challenges for the financing of the agricultural sector in Uganda. The paper notes that although the role of agriculture in poverty reduction and overall growth in Uganda is well recognized, investment in the sector remains minimal. For effective poverty reduction, agricultural growth in Uganda needs to be accelerated. This requires investments in critical areas to enhance productivity and transformation of the sector. The central argument of this paper is that the current poor agricultural performance is attributed to limited public spending in agriculture. Unless the Government of Uganda heavily invests in the agricultural sector, the country will not achieve socio-economic transformation."