What you need to know: Uganda has graduated to lower middle-income status, says Museveni in upbeat state of the Nation Address Museveni declares middle-income status, projects 10% economic growth ahead of oil flow President Yoweri Museveni has declared that Uganda has officially transitioned from the cluster of Least Developed Countries (LDCs) to a Lower Middle-Income status, driven by sustained industrial growth, agricultural surpluses, and a structural shift toward a knowledge-based economy.