By Watchdog reporter
Youth Livelihood fund beneficiaries have so far repaid over shs7 billion representing 47 percent of the Shs14.8 billion that is due to-date.
Since its enactment, 4,484 projects have managed to repay a total amount of Shs6,911,337,312.
The Youth Livelihood Programme is a Government of Uganda Rolling Programme, targeting the unemployed and poor youth (Persons aged 18-30 years).
The Programme covers all the present 116 districts and 41 municipalities (including Kampala City) in the country. The programme is financed from Government’s own resources.
It has an initial budget of Shs265 billion for 5 years.
Implementation of YLP was preceded with widespread consultations of the youth and several other stakeholders in the country through their leadership.
According to officials from the Ministry of Gender, field evidence from across the country indicates that majority of the groups that got funding have put the money into good use and have as a result acquired new skills and are engaged in various income generating activities.