Ramathan Ggoobi: Uganda’s Economic Revival & Youth Leadership
- Uganda's economy is showing signs of strong recovery, driven by strategic policies implemented under the leadership of ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury.
- President Yoweri Kaguta Museveni highlighted the country's progress in his recent State of the Nation Address.
- Ggoobi, formerly a lecturer at Makerere University Business School, has focused on wealth creation, jobs, and incomes for Ugandans.
Witness uganda’s economic resurgence under Ramathan Ggoobi’s leadership! This article from News Directory 3 dives into how Uganda’s economy is bouncing back, fueled by strategic policies adn President Museveni’s vision. Discover the impact of Ggoobi’s focus on key sectors like agro-industrialization and infrastructure, which has led to impressive GDP growth exceeding the Sub-Saharan Africa average. explore the surge in coffee exports and other key indicators of Uganda’s economic health. The government’s investments in vital sectors are also contributing to the prosperity of the nation. Learn how these changes are creating new opportunities and improving the lives of Ugandans, navigating global challenges.Discover what’s next for Uganda’s economic journey.
Uganda’s Economy shows Strong Rebound Under Ggoobi’s Leadership
updated June 08, 2025
Uganda’s economy is showing signs of strong recovery, driven by strategic policies implemented under the leadership of ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury. Appointed during the height of the COVID-19 pandemic in July 2021, Ggoobi was tasked with revitalizing the nation’s finances.
President Yoweri Kaguta Museveni highlighted the country’s progress in his recent State of the Nation Address. He noted that Uganda’s Gross Domestic Product (GDP) expanded by 6% in 2023/24, exceeding the Sub-Saharan Africa average of 3.8%. The economy’s size increased to Shs202 trillion ($53.3 billion), up from Shs184.3 trillion.
Ggoobi, formerly a lecturer at Makerere University Business School, has focused on wealth creation, jobs, and incomes for Ugandans. His strategies included prioritizing key sectors such as agro-industrialization, tourism, and infrastructure development. The government has also invested Shs920 billion in oil and gas projects, anticipating future growth with first oil expected in 2025/26.
Coffee exports have seen a significant boost, jumping from $156 million to $212 million in a single quarter. This increase demonstrates the positive impact on Ugandan farmers, traders, and workers.
“Uganda is marching forward,” President Museveni said, emphasizing the economy’s rebound and crediting his team’s dedication to serving the common man.
what’s next
While challenges such as global price increases and slow tourism recovery remain, Ggoobi and his team are focused on sustaining economic growth and improving the livelihoods of ugandans through continued strategic investments and policy implementation.