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Exchange Blows with poverty
Poverty is the lack or insufficiency of money to meet basic needs, including food, clothing and shelter. Poverty can be measured in monetary terms based on the monthly (or annual) expenditure of a given individual. That expenditure is then compared to a threshold called the poverty line. However, poverty is much more than the mere lack of money. It is also about deprivation in other important areas of well being such as education, health, water, and housing.
According to (UBOS), the findings show that poverty incidence remains higher in rural areas (31 per cent) compared to urban areas (15 per cent). The proportion of the Ugandan population living below the national poverty line increased 19.7 per cent in the financial year 2012/13 to 21.4 per cent in 2016/2017.
The earlier preliminary report released in September 2017 had showed there was an increase in poverty levels from 19.7 per cent to 27.7 per cent. The current figure now puts the total number of poor Ugandans who cannot afford three meals a day to eight million.
The findings also show that poverty incidence remains higher in rural areas (31 per cent) compared to urban areas (15 per cent). The rural areas contributed 86 per cent of the national poverty. The UBOS executive director, Mr. Mungyereza said the number of poor people was 6.7 million in 2012/13 having declined from 8.4 million in 2005/06.“This implies that in the absolute terms, the number of people living in poverty as of 2005/06 while the population stood at about 27.2 million. Source is almost the same 10 years later when the population increased by about 10.5 million thus placing the population at 37.7 million,” Mr Mungyereza said.