Poverty Alleviation Projects Haven’t Helped- Trade Minister

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Trade and Industry minister Amelia Kyambadde listens to Microfinance minister Haruna Kyeyune Kasolo at the commissioning the Presidential innitiative on poverty alleviation in Katonga region on Wednesday 22

Government projects aimed at fighting poverty haven’t been of help, according to the Trade and Industry Minister, Ann Amelia Kyambadde.

She notes that most of the poverty alleviation projects have proved to be a misery despite government pumping in huge sums of money to uplift the living standards of ordinary Ugandans.

She was addressing district, technical and community leaders from Mpigi, Butambala and Gomba districts during the commissioning of the Presidential Initiative on Wealth and Job creation in Katonga region on Wednesday.

Kyambadde attributed the failure of government projects to lack of lack of proper planning by government and implementers. She also noted that even private projects initiated by politicians including Members of Parliament and local leaders have failed to take off while those that manage to start don’t live to expectation.

Kyambadde, who doubles as the Mawokota North County Member of Parliament, advised the people of Katonga region and the entire country to utilize the opportunities availed by government to fight poverty as government explores other means to end the problem.

She believes that the availability of electricity, good roads, peace and freedom, which some people have turned into assets, are some of the available opportunities for Ugandans to improve their livelihood.
Speaking at the same event, Haruna Kyeyune Kasolo, the Microfinance State Minister and Kyotera County MP, said unlike the previous poverty alleviation projects, which didn’t yield the desired results, the ones being implemented now have been designed to meet all the challenges that affected the prosperity of the former.

He however, said government programs will not yield much unless the beneficiaries embrace the saving culture.

He explained that under Presidential Initiative on Wealth and Job creation funds from government will only be released after proving that members have adopted both the saving culture and working together in associations and cooperatives.

The Presidential initiative on wealth and job creation is centered on various enterprises covering Ugandans. According to its roadmap presented by Kasolo, the project is designed to be spearheaded by Resident District Commissioners. Beneficiary cooperatives will receive Shillings 30M each regardless of the number of members.

Kasolo says that the bigger the number of members in a cooperative, the more savings they would make, which will give them a bigger opportunity to borrow money at a much lower interest rate.

(URN)

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