18.7 C
Kampala
Saturday, October 1, 2022

Gov’t recovers Ugx40b from Youth Livelihood Program beneficiaries

A total of 40 billion shillings have so far been recovered from various beneficiaries of Youth Livelihood Programs as of 2022.

The money was part of the Ugx169.2b disbursed to several groups under the program across the country from January, 2014 to date.

Julius Amule, the YLP National Coordinator at the Ministry of Gender, Labour and Social Development says the program has so far achieved tremendous success countrywide.

He adds that by 2018, the Program had skilled and funded over 14,448 youth (12,564 girls and 1,884 boys) and 36,300 women in Uganda.

Amule said a total of 21,280 youth groups have so far benefited from the program.

He notes that whereas less than 50% of the total disbursed funds have been recovered, they are optimistic about promising repayment by the beneficiaries.

YLP is a community driven program with both livelihood component and skills development component, funds are advanced to youth interest groups in form of revolving fund in order to increase outreach and enhance sustainability of the program.

Cabinet had previously suggested that, the money recovered from the YLP be injected into the Parish Development Model but the decision is yet to be implemented.

In the Financial year 2013/14, the Government started giving out a revolving fund to youth groups with 5-15 members with the main objective of empowering the target youth to harness their socio-economic potential and increase income levels.



Related Articles

Stay Connected

0FansLike
2FollowersFollow
- Advertisement -spot_img

Latest Articles

error: Content is protected !!