The Efficacy Of The Law And Policy On The Regulation Of Foreign Direct Investment: Case Study Of Uganda

ABSTRACT

The prevalence of poverty in developing countries demands that these countries should improvise ways of encouraging move revenue generating projects to supplement or significantly reduce dependence on foreign funding. Foreign investment is thus encouraged to get rid of this challenge. This paper examines foreign direct investment as a tool of increasing the contribution of tax revenue to Gross Domestic product and consequently a means of reducing the gap between the rich and the poor. The goal of this paper is to propose ways in which the Uganda Investment Authority (UJA) can make its investment administration more effective. To attain this objective, the paper begins with a detailed discussion on the investment structure; it then highlights the laws that govern investment, the policies, rationale for investment and recommendations for bettering Foreign Direct investment.