- What we requested for is to engage the private sector so that after production, the private sector will be able to look for the market
74% of the private sector foundation Uganda proposals to the government in the national budget for FY 2022/23 have been considered.
This is revealed by the chief programmes and projects officer at PSFU Damali Ssali, while speaking at the private sector post budget dialogue held today in Kampala
According to Ssali, PSFU had requested the government through the budget to work on infrastructure development especially water transport, improve local content, provide relief for the tourism sector, widen the tax base and access for affordable credit among others.
She however, noted that they did ask the private sector to be involved in the parish development model, but their request wasn't addressed. ‘’ So we appreciate that the government is taking this initiative to the parishes and is trying to catalyses production at the parishes especially production of agriculture the sector of which as a country we having comparative advantage, but after production what next.’’ She said.
What we requested for is to engage the private sector so that after production, the private sector will be able to look for the market, so what we requested for is that involvement in the planning and execution. She added.
Meanwhile the, chairman board at private sector foundation Uganda, Dr. Elly Karuhanga who attended the dialogue via digital platform called for Promotion of the local content through capacity building for MSMEs & startups in public procurement through bidding, enacting the local content law to enforce the BUBU policy, enforcing the Reservation Schemes in the PPDA act & automating procurement processes.
He also advised the government and officials in the ministry of finance to always read the book ‘’Why Nations Fail’’ a book by economists Daron Acemoglu and James Robinson to plan well for the country.
Chairman Karuhanga noted that the book explains well how poverty is created by bad policies and vice-versa
For her part, the former Agriculture minister Victoria Sekitoleko noted that introducing no new taxes in the just passed 2022/23 national budget does not hold water because already the existing taxes are suffocating many youth from doing effective businesses"
According to her, when you have a budget that doesn't favor the youth yet they're the majority in the country it's not good.
The Post Budget Dialogue organized by PSF_Uganda under the theme: "Full monetization of the Ugandan Economy through commercial agriculture, industrialization, market access and digital transformation: The Private Sector perspective".