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Ministry of Finance releases Ugx 100bn to support Small Businesses affected by COVID-19

The Minister of Finance Planning and Economic Development Hon Matia Kasaija has announced that the government of Uganda has released Ugx 100 billion  as an intervention package to help small businesses recover from the effects of Coronavirus pandemic.

Minister Kasaija announced this in a press statement issued to the media which outlined how the money can be obtained, used and paid back.

The money was put in place after President Yoweri Kaguta Museveni in his State of the Nation address on 30th July 2021, announced that the government shall create a micro small and medium fund to support businesses that have been affected by COVID-19.

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