Newslex Point News in Uganda, Uganda news
Kampala’s economists are angry to the President of Uganda, Yoweri Kaguta Museveni over continuous pouring of money to crowds without useful production of goods and services to the economy.
Check also: Museveni Held A Consultative Meeting Involved In The Fight Against Malaria
However, the president sometime back launched an program that aimed at giving out money towards people from the ghetto as new donation method basing from the state house. He introduced this method to soften and attract attention from those living in the ghetto.
Museveni warned on splashing hard cash.
But while interviewing one of the local radio station on Wednesday, Ramadan Goobi, an economic analyst lamented that this kind of cash sub mission to the youths can’t solve the economic crisis in Uganda, but rather may cause more disagreements.
“Macro instability offsets economic growth. The ongoing donations will consequently affect the country’s economy if this is not revisited,” Ramadhan said.
But to highlight you more, during the last press conference with the Kyadondo East MP Robert Kyagulanyi Ssentamu commonly known as Bobi Wine, he trashed this method brought up by the Museveni. He mentioned that giving out cash aimlessly won’t solve the youths’ economic disabilities, and “People Power” theme looses it’s meaning.
Check also;
Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.
![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
