By Our Staff Reporter

Kololo, Kampala | June 4, 2026
President Yoweri Kaguta Museveni has called on Ugandans to intensify efforts towards wealth creation, productivity, and economic transformation, declaring that the country is entering a new phase of growth driven by commercial agriculture, manufacturing, services, and information technology.

Delivering the 2026 State of the Nation Address at Kololo Ceremonial Grounds on Thursday, June 4, 2026, Museveni urged leaders and citizens to adopt what he termed a “no more sleep” mindset, emphasizing the need to eliminate corruption, poor performance, and complacency in leadership and development efforts.

The President highlighted Uganda’s economic progress over the past four decades, noting that the country’s Gross Domestic Product (GDP) has grown from USD 3.9 billion in 1986 to USD 69.3 billion today, while household poverty has significantly reduced and life expectancy improved from 43 to 68 years. He said Uganda has successfully graduated into a lower-middle-income economy and is projected to grow by 6.4 percent this financial year, with expectations of reaching a USD 80 billion economy in the next financial year.

Museveni attributed much of this progress to sustained investments in agriculture, infrastructure, industrialization, and peace. He pointed to remarkable growth in milk production, coffee exports, electricity generation, and manufacturing, saying Uganda is increasingly becoming a producer and exporter of value-added products.

The President further emphasized government programs such as the Parish Development Model (PDM), Emyooga, Operation Wealth Creation (OWC), and NAADS, which he said have enabled millions of Ugandans to transition from subsistence farming into the money economy. He challenged leaders to ensure these programs reach all eligible households and produce tangible results.

On infrastructure, Museveni highlighted continued investments in roads, railways, energy, and petroleum projects, arguing that improved connectivity and reliable power are essential for sustaining economic growth and attracting investment.

Looking ahead, the President expressed optimism that commercial oil production, increased industrial output, and expanded export markets will accelerate Uganda’s transformation. He urged all leaders to focus on performance, accountability, and empowering citizens to create wealth and jobs.

Concluding his address, Museveni reaffirmed the government’s commitment to prosperity, peace, and socio-economic transformation, calling upon Ugandans to work harder and seize the opportunities available in the country’s growing economy.

“The future belongs to those who work, innovate, and create wealth,” was the central message as Uganda charts its course toward faster economic growth and national development.