There is a lot of anxiety as the clock ticks to 2020, with eyes glued to see Uganda graduate to middle income status. Amidst this anxiety, the MUBS Economic Forum in partnership with the MUBS Economics Students Association held the first Inter- University debate on Uganda’s macroeconomic framework and its implications on the country’s goal of achieving middle income status at the MUBS Main Campus, Nakawa. The Principal, Prof. Waswa Balunywa in his opening remarks, said that he disagrees with the statement that Uganda will attain the status of middle income by that date 2020. While he supports the government policy in place, it does not impact positively on the economic fortunes of people in the rural areas of Uganda. He noted that to achieve higher rates of sustainable growth, Uganda must increase the productivity of its labor force, eliminating corruption, early marriages and early child bearing, among others. He said these are some of the factors that may provide significant support to the achievement of increased productivity growth and higher levels of sustained economic growth. He further stressed that although significant progress has been made towards poverty reduction over the past 20 years, in recent years, the poverty rate has begun to increase, with the proportion of households living below the national poverty line rising.