Govt to inject over sh3.5b in Kasese district
The government
of Uganda has earmarked nearly sh3.5b for Kasese district under
President Yoweri Museveni's Initiative on Wealth and Job Creation, known
as Emyooga.
The revolving fund initiative is to be implemented through the Microfinance Support Centre (MSC).
This was revealed by Henry Mbaguta, the Commissioner Financial Services at Finance Ministry, at the launch of the constituency level emyooga which climaxed Thursday in Kasese Municipality.
The launch was presided over by the Kasese Resident District Commissioner (RDC), Lt Joe Walusimbi, who represented the State Minister for Microfinance, Haruna Kyeyune Kasolo.
The functions were held at constituency levels starting at Kinyamaseka Primary School for Bukonzo County, Hima Town Council headquarters for Busongora County and the Mayor's Gardens for Kasese Municipality.
Mbaguta said each of the five constituencies within the district would receive a total of sh629m to kick start this project, which is aimed at empowering parish and constituency-based organised groups of women, youth, Boda-boda operators, carpenters, teachers of private schools and journalists.
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