Uganda is making a renewed push to alleviate poverty, create employment opportunities and boost economic growth through an initiative known as the Enhanced Integrated Framework (EIF) regional workshop.
The EIF is a partnership of 51 countries, 24 donors and eight partner agencies working closely with governments, development organizations and civil society to enable Least Developed Countries (LDCs) to use trade as an engine for development and poverty reduction.
Uganda, famously known as ‘The Pearl of Africa’, is hosting the latest edition of the EIF, which will run until the 22nd of February, 2019 in its capital city of Kampala.
The Enhanced Integrated Framework operates within Uganda’s trade, tourism, industry and cooperatives industries, strengthening the sectors’ ability to deliver services at a grassroots level in order to increase the incomes of SME entrepreneurs in target districts.
So far the Enhanced Integrated Framework has seen 1,680 business enterprises trained, 492 businesses included into the formal economy, 747 new produce cooperatives registered, as well as a 27% increase in budget allocation in district budgets to support small businesses.
Delegates from 15 African countries are attending the latest meeting that is reviewing the EIF Strategic Plan, an initiative that will run from 2019 through to 2022.
Commenting on the EIF target, Uganda’s Cabinet Minister of Trade, Industry and Cooperatives Ms Amelia Kyambadde confirmed that over the next four years, the country’s government will seek to create at least 10,000 jobs in the handicraft and souvenirs industry after securing a $1.5 million in funding.
The deal which is part of the Enhanced Integrated Framework, be implemented by Uganda’s Ministry of Tourism.
The country’s government that with the help of relevant partners, Uganda’s economy will thrive.
In line with these developments, the EIF is working with the Government of Uganda to develop policies conducive to global trade.
The programme is also supporting the development of small businesses as part of the country’s decentralized business services.
Minister Kyambadde believes that the project will improve the livelihoods of our people who are engaged in the sector, create over 10,000 employment opportunities.