COVID19 Stimulus Package Ready

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The Ministry of Finance, Planning, and Economic Development has finalized modalities for accessing the UGX 200 billion stimulus package to help businesses navigate the effects of COVID19.

According to the new measures, only small enterprises will access the money, with micro and medium enterprises sent to the Micro Finance Support Center and Uganda Development Bank.

The Minister is expected to address the media this week to communicate the final modalities of the scheme.