MASINDI YOUTH LIVELIHOOD RECOVERY RATE STANDS AT 28%
By Yosam Gucwaki
www.mknewslink.com
in Masindi—-
The Youth in Masindi district who invested in live stock have failed to pay back the money due to the Foot and Mouth Disease (FMD) which broke out in the district since 2017.
Since FMD broke out in Masindi, Kijunjubwa Live stock market in Kimengo Sub County and Ntooma live stock market in Bwijanga Sub County were closed to prevent the spread of the disease to other parts of the country.
According to Kassimu Kabagonza the district vice chairman Masindi district local government, the recovery rate of Youth Livelihood Funds stands at 28% adding that some groups which received funds in the second batch are unable to sell off their animals because of the quarantine in Kimengo which came as a result of FMD outbreak.
Kabagonza also says that most youth who got YLP funds at the beginning treated it as a thank you from His Excellence President Yoweri Museveni something which has affected the recovery process.
Five groups from Kimengo sub county invested in bull fattening and they expected to sell off their in the two live stock markets which were closed.
Late last year during a a quarterly press briefing for Masindi district local government, Salaama Kugonza the secretary for finance at the district told journalists that the recovery rate was standing at 17 per cent indicating that out of 830 million shillings they received since the programme begun in 2014 they had only recovered 155 million shillings.
She also explained that the funds were given to 112 youth groups across the district adding that 1381 beneficiaries benefited of whom 505 are females and 816 are males.
She added that if the district fails to recover the money, they may fail to get more money for the youths under the YLP.
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