The country's economy is rural with agriculture contributing 40% of the country's GOP. Manufacturing - which is greatly dominated by the processing of primary products -and commerce, together account for 27% of GOP? Uganda's economy grew by a credible 5.6% in financial year 2001- a slight decline from the 6% rate of growth in the year 2000. Growth was largely generated by performances in the construction, transport, communication and community services sectors. The Ugandan government did well to maintain macroeconomic stability against a backdrop of global economic decline. As of the period ending June 2002, the annual headline inflation rate was negative although the underlying inflation, which includes food prices, was 3.5%.The weighted monthly average annual discount rates for the 91 day, 182 day, 273 day and 364 day treasury bills were at 4. 7%, 6.1 %, 7.9% and 8.2% respectively and the weighted average lending rates by commercial banks were at 17.57% as of June 2000 (BOU records), representing the economy's interest rate levels at the close of the financial year 2001 .
