The minister of state for microfinance, Haruna Kasolo has said that some Ugandans can only claim to be poor partly because they chose to be so in addition to their lavish spending.
According to Mr Haruna Kyeyune Kasolo, there are several government policies and initiatives on poverty alleviation.
He was on Tuesday presiding over the launch of the Presidential initiative on wealth and job creation based on specialized enterprise development and organization in Ntungamo District.
In addition, Mr Kasolo said the poor saving culture, lavish spending, dependency on handouts poor choice of enterprises, poor cooperation and benchmarking and dependency on one enterprise make it hard for most Ugandans to develop.
He further said many people are now thinking about joining politics yet they can’t even manage anything including themselves.
The new scheme dubbed ‘Emyooga’ targets Ugandans in the informal sector clustered in 18 groups.
Each constituency will be given Shs 560 million to enhance 18 chosen enterprises to be funded through the Microfinance support centre. The enterprises include boda boda groups, women groups, carpenters, salons, taxi operators, restaurants, market vendors, PWDS, fishermen, among others.
“No Ugandans should claim to be poor. If anyone is poor in Uganda then it’s by personal choice and they shall never live to be rich. It is just a feeling that they are poor. What hasn’t the government done to drive Ugandans out of poverty?” Mr Kasolo asked.
The money that is slated to be managed by Microfinance Support Centre under the coordination of the Ministry of Finance, will be shared among beneficiaries in all sub-regions, when they meet the requirements.
Discussion about this post