Uganda joined the World Bank on September 27, 1963, along with the IBRD, IDA and IFC. It later joined the ICSID on October 14, 1966, and the MIGA on June 10, 1992.[1] Uganda also holds the chair for the 22 nation Africa Group 1 Constituency, headed by Anne Kabagambe.[2] Uganda holds 0.07% [3] of the vote in the IBRD while its constituency holds 1.92%. In the IFC, Uganda holds 0.05%[4] of the vote while its constituency holds 1.31%.[5] Uganda in the IDA holds 0.18%[6] of the vote, while the Africa Group 1 Constituency commands 4%.[7] In the MIGA, meanwhile, Uganda has 0.21%[8] while its constituency holds 3.54%[9] of the vote.
As of 2019[update], Uganda's economy experienced a slight rebound after a five-year slow down, giving rise to a feeling of optimism. However, economic growth remained heavily intertwined with agriculture and natural events,[10] as well as favorable trade conditions going forward. Regional instability among Uganda's top trading partners combined with a 1.2[11] million refugee population had also placed strains on Uganda's economy. Additionally, despite passing its Millennium Development Goal of halving poverty, preventing those who have escaped poverty from sliding back in has proven difficult.[12] The main World Bank projects are involved in infrastructure and education in order reduce poverty in the country, with eleven projects currently underway.
^"Member Countries". World Bank. Retrieved 2019-12-10.
^"Anne Kabagambe". World Bank. Retrieved 2019-12-10.
^"International Bank for Reconstruction and Development Subscriptions and Voting Power of Member Countries" (PDF).
^"International Finance Corporation Subscriptions and Voting Power of Member Countries" (PDF). The World Bank.
^"International Finance Corporation Voting Power of Directors" (PDF). The World Bank.
^"International Development Association Voting Power of Member Countries" (PDF). The World Bank.
^"International Development Association Voting Power of Executive Directors" (PDF). The World Bank.
^"Multilateral Investment Guarantee Agency Subscription and Voting Power of Member Countries" (PDF). The World Bank.
^"Multilateral Investment Guarantee Agency Voting Power of Directors" (PDF). The World Bank.
^"Overview". World Bank. Retrieved 2019-12-03.
^"Uganda Needs More Education Funding to Support Refugees, UN Says". Global Citizen. Retrieved 2019-12-10.
^"Overview". World Bank. Retrieved 2019-12-03.
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