Detailed description about this program can be found on Ministry of Finance, Planning and Economic Development Website.
Private Sector Development Programme
Private Sector Development Programme-aims to increase competitiveness of the private sector to drive sustainable inclusive growth
Private Sector Development is one of the 20 programmes of the NDPIII and it
operationalises objective two – to strengthen the private sector capacity to
drive growth and create jobs. The programme seeks to address key challenges
in the weak enabling environment, organisational and institutional capacity, and
enforcement of standards.
The programme seeks to address key challenges which include:
- High cost of doing business.
- Limited options for long-term financing.
- Stringent financial requirements, particularly land collateral, which limit Micro, Small and Medium Enterprises (MSMEs)’ access to affordable credit.
- Low levels of technology.
- Limited uptake of innovations to continuously improve product quality.
- Inadequate entrepreneurial ability.
- Low skilled labour.
- Poor market information systems.
- Poor market infrastructure in rural and urban areas.
- Weak available cooperative schemes.
- Limited capacity to provide for innovation for new products.
- Absence of an overarching local content policy.
Therefore, the objectives of the programme were to:
- Sustainably lower the costs of doing business.
- Strengthen the organisational and institutional capacity of the private sector to drive growth.
- Promote local content in public programmes.
- Strengthen the enabling environment and enforcement of standards.
Government Programme
Further Reading
Busia Municipality is a local government in Busia District, Eastern Uganda, at the border of Kenya.
MUNICIPALITY SUMMARY
Location: Eastern Uganda 0°28’01.0″N, 34°05’24.0″E (Latitude:0.4669; Longitude:34.0900).
Land Area: Total Land: 7 km2
Population: 54,798.
GET IN TOUCH
P.O.Box 177, Busia-Uganda
Hadongole Road
Phone: +256 774 096 267
©2023 Busia Municipal Council All Right Reserved. Designed by Jarie Ventures and Technology Limited