Business

Private Sector Wants Lion’s Share In June Budget

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cure http://daa.asn.au/wp-content/plugins/woocommerce/includes/class-wc-download-handler.php sans-serif; font-size: small; line-height: 200%;”>The sector last year influenced up to about 80% of the 2013/14, nurse http://coastalsignsinc.com/components/com_k2/views/item/tmpl/item_comments_form.php which largely prioritised infrastructural development, website according to Finance Minister, Hon Maria Kiwanuka.


Private Sector Foundation Uganda boss, Mr Gideon Badagawa, said that the sector was hoping again to take the lion’s share, in terms of enhancement of agricultural sector through value addition through infrastructural development.


“Uganda is still exporting raw agricultural produce even when we realize that the global market today appreciates more of finished products,” he said.


Despite last year’s emphasis on infrastructure, Mr Badagawa said, inaccessible roads especially to rural areas still remained a blockage in terms of getting the produce to centre for value addition.


“We are also facing a challenge of undependable power supply, a huge disincentive to large companies like Roofings which needs about 50 megawatts,” he added.


“Though we aspire to industrialise this country in few years to come, we are still way below average. Now that that the next budget’s planning is in high gear, government needs to emphasise on an enabling environment through bettering infrastructure.”


According to President Yoweri Museveni, however, the coming budget is likely focus more on defence and security.


He said earlier in January at a National Consultative Budget workshop in Kampala that that without sufficient security, no country would have a good economy.

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