Digital Solutions in a Time of Crisis : Uganda Economic Update, Fifteenth Edition, July 2020
The COVID-19 (Coronavirus) pandemic in Uganda has emerged as the most significant adverse shock the global economy has experienced since the Second World War. It has taken a toll on human life and brought major disruption to countries across the gl...
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| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/775621594292073824/Uganda-Economic-Update-Fifteenth-Edition http://hdl.handle.net/10986/34078 |
| Summary: | The COVID-19 (Coronavirus) pandemic in
Uganda has emerged as the most significant adverse shock the
global economy has experienced since the Second World War.
It has taken a toll on human life and brought major
disruption to countries across the globe. As a result,
Uganda’s economy is expected to slow significantly in 2020
and early 2021, and the outlook on all fronts has
deteriorated significantly. There are, however, areas of the
economy that have shown resilience and are already adjusting
to the current crisis as an opportunity to invent new ways
of operating and doing business. Digital technologies offer
a chance to unlock new pathways for rapid economic growth,
innovation, job creation, and access to services for
underserved populations. Digital technologies have the
potential to boost productivity and create better jobs in
the private sector, including for informal businesses. This
report comes at a crucial time with Uganda in the grips of
the COVID-19 (Coronavirus) pandemic. Digital solutions have
already been significant in responding to the crisis and
will be important as Uganda recovers and aims to build-back-better. |
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