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HARNESSING THE DEMOGRAPHIC DIVIDEND FOR UGANDA

Uganda Vision 2040 recognizes the rapid population growth, young age structure and consequent high child dependency burden as the main threats to the achievement of the envisaged socio-economic development. However, the Vision document underscores harnessing the Demographic Dividend as instrumental in facilitating socio-economic  transformation by turning the erstwhile population burden into an asset. The demographic dividend is an opportunity for economic growth, development, and improved well-being that arises as a result of changes in the population age structure. When fertility rates decline significantly, the share of the working-age population increases in relation to previous years. The larger working-age population, if properly nurtured, can enable a country increase GDP and raise incomes.