By Kiyimba Bruno
Various civil societies have this morning come up with a voice to the government requesting those concerned to revise the amount of money that is going to be allocated to the ministry of trade in the next financial year.
In the media breakfast meeting that took place at Metrople hotel Kampala, civil societies like Food Right Alliance, SEATINI, CSBAG, Uganda Debt Network among others believe that at least 4% has to be increased to the ministry of Trade and Cooperatives to enable them reach the priority areas to the nation like, SME, UNBS standards, funding of district officials and many more.
Jane Nalunga, the country director SEATINI said that trade is an engine of development to the nation.
“We want to see if money goes to the right channel or the mouth.” Nalunga said.
They believe that trade, industry and cooperatives is one of the key sectors that are instrumental if Uganda is to transform from a peasant to a modern and prosperous country with in 30year and hence realize the vision 2040.
This is because the sector according to them is critical in addressing key challenges facing Uganda.
Such challenges include high unemployment rates, trade deficit recorded at 1.2 trillion as at August and fiscal deficit recorded at USD 149.8 million.
It is on this note that they called upon the government to prioritize this sector given its critical role in the economic development of the country.