Welcome to Uganda Multimedia News & Information   Click to listen highlighted text! Welcome to Uganda Multimedia News & Information

Microfinance law to be out before budget reading in June

 

Ultimate Media

The state Minister for Microfinance, Ruth Nankabirwa has said that the Microfinance regulatory body may be out before budget reading in June this year.  

Nankabirwa says the regulatory body will ensure increased access to loan facilities as well as protection of the borrowers against exploitation by the banks.

Crane Bank on Crane Chambers in Kampala

She was speaking at the Financial Inclusion Forum in Kampala today.

The Minister adds that the government is focusing on Agriculture to enable farmers improve the quality of their produce by accessing loans.

The function was attended by Justine Bagyenda, the Acting Executive Director of Bank of Uganda.

Leave a Reply

Your email address will not be published.

468x60

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Click to listen highlighted text!