It is Us to Develop Our Own Country, Says President Museveni

President Yoweri Kaguta Museveni in a missive to Ugandans and, especially the Bazukulu has reassured that the onus is on Ugandans to develop their own country. This was in reference to the recent halt on loans by the World Bank to fund Uganda's development projects after the assent into law the Anti-Homosexual Act.  Excerpts of the statement read, “On the contrary, those loans and aid packages, can be a source of distortion and stunted growth as you can see across Africa. If foreign aid and loans, are a source of social-economic transformation, why the present growing crisis of even security and stability in Africa?"
The president made mention of Guinnea-Conakry, Mali, Burkina-Faso, Niger, Central African Republic, DRC, Boko Haram in Nigeria, Somalia, Mozambique, etc. Most of these Countries, have been getting those grants and loans. "Many of the loans and aid packages, are either of no value addition to the Country or are even anti- growth, all together," Museveni said.
There are five strategic factors according to President Museveni that are crucial for our unstoppable journey of social-economic transformation. The patriotic Ugandans rallied around the 4 principles of the NRM － Patriotism, PanAfricanism, Social-economic transformation and democracy, a Powerful People’s Army, the Private Sector, the core infrastructure and the market to buy the goods and services produced in the economy.
These are the five factors that have enabled the economy of Uganda to grow from USD1.5billion to USD55billion by the end of this financial year, or $156.954 by the PPP method. “It is these factors, that we are using through aggressive value addition, full monetization of the economy, expanding the services sector and building the knowledge economy, to qualitatively catapult our economy to the size of USD550billion, in the next few years,” the statement reads.
He cautioned, “the World Bank and other external actors, have no capacity to interrupt our transformation journey. It is actually the internal weaknesses, that delay our forward march and that must and will be crushed. The internal weaknesses are two: the neo-colonial misplanners that have been historically manning the civil service and also present in the political class on account of the neo-colonial social sciences taught in the educational system; and the corrupt parasites in the same groups that delay the operations of the private sector or demand bribes from them.”
President Museveni rallied Ugandans not to waste time on the World Bank decisions but rather launch a merciless war on the corrupt and the neo-colonial planners whom he called insufferable.