Daily Monitor
Tuesday December 15 2020
Water and Environment minister Sam Cheptoris (right) inspects products made by a savings group in Agago District on May 22, 2018. PHOTO/TOBBIAS JOLLY OWINY.
Summary
In its 2020 Economic Outlook, OECD projected a 6 per cent drop in global GDP, and a 7.6 per cent fall in case of a second pandemic wave by the end 2020.
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The government has embarked on a move to digitise small-and-medium enterprises (SMEs) and village savings and loan associations (VSLAs) across the country to enable them survive the Covid-19 shocks.
Through Microfinance Support Centre (MSC), government has now embarked on piloting Covid-19 response and resilience programme (CRRP) in north, eastern, and central Uganda.