The recovery program further encompassed civil service reform, revised investment and incentive structures, and made a rapid move to a market determined exchange rate. Since 1987, the government has worked consistently to implement and improve an economic reform program that has now attracted the attention of the entire region. By 1992, the effects of a turnaround had begun to show, foreign inflows increased and coffee production boomed. Economy Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizable mineral deposits of copper and cobalt. Agriculture is the most important sector of the economy, employing over 80 percent of the work force.
Coffee is the major export crop, accounting for over half of export revenues.
Since 1987 the government, with the support of donors, has rehabilitated and stabilized the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages. The policy changes are especially aimed at reducing inflation and boosting production and export earnings. Uganda has emerged as robust economic performer in the past few years. Real GDP growth averaged over 7 percent per year over the past decade, and underlying inflation has averaged some 6 percent. Real GDP growth in FY00 is estimated at some 5 percent due to adverse weather and deteriorating terms of trade, but inflationary pressures were contained.