Uganda 2013 FinScope Summary Report
Uganda’s Vision 2040 highlights the lack of access to finance as one of the barriers affecting the competitiveness of the economy. There is limited access to credit and most individuals
and firms access credit from informal sources.
One of the reasons for the limited access to credit is the low level of incomes and consequently domestic savings which affects ability by institutions to offer long term finance.
As such, the government intends to increase gross national savings from the current level of 14.5% to about 35% of GDP by 2040, as a means to accelerate structural transformation