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Does Covid-19 Stimulus package offer some relief for pandemic pain? monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
Stimulus package was ‘ghost’ deal for SMEs, say analysts Monday April 26 2021 An empty street on Namirembe Road in Kampala during lockdown in March last year. Small businesses did not receive the support they needed in the last year, analysts note. PHOTO / ISMAIL KEZAALA Summary Advertisement Micro, small and medium enterprises (MSMEs), which were the biggest segment of the economy that deserved some relief to stay afloat in the last 13 months, were either excluded or handed a “ghost” deal, an analysis of the stimulus package has revealed . A scrutiny by organisations SEATINI-Uganda, OXFAM, Argidius and the Federation for Small and Medium Enterprises shows that disbursement and management of the funds government allocated to the stimulus package has largely not served its intended purpose, with the biggest culprit being MSMEs. ....