Read on Twitter
The suspension of #DGF in Uganda. A thread:
Dear Ugandans,
Mr. Museveni said that he was never consulted on the establishment of the fund with cash reserves of up to £100 million and “operated exclusively by a foreign mission” in the East African country. 1/6
Dear Ugandans,
Mr. Museveni said that he was never consulted on the establishment of the fund with cash reserves of up to £100 million and “operated exclusively by a foreign mission” in the East African country. 1/6
“This is not the financing of a private business but the funding of state and non-state actors to achieve the political objectives of the funders in Uganda,” -He added.
My opinion:
Even though the president's concern may be one any other country would have, it has come at...2/6
My opinion:
Even though the president's concern may be one any other country would have, it has come at...2/6
...a wrong time. First of all, such a big 'fund injection' must have gone through all the proper processes before starting its operation in the country with such huge sums funding 'state and non-state actors'.
Amidst all the financial woes the country is going through....3/6
Amidst all the financial woes the country is going through....3/6
..not only during this #COVID19 fracas where a lot of people are jobless, the country sinking deep under the debt holes (himself Mr. M7 suggested countries forgive Africa of these debts last year which wasn't done,many parents struggling as schools.. 4/6 ( https://www.telegraph.co.uk/global-health/science-and-disease/ugandas-president-calls-africas-debt-cancelled-free-cash-virus/)
...as schools are re-opening, many can agree on the wrong timing of this call. This 'initiative' has been funding many NGOs (which are the 2nd biggest employer in Uganda), students and development projects which are certainly going to a stand-still. Unless this is political...5/6
..(most fingers pointing to that), Mr. M7 would have 'investigated' while DGF is running (at least for the sake of the country) 'for now' as it's the biggest donor agency in the country funding over 500b shillings (over $100m) in the country.
source: https://www.ksnt.com/news/international/ugandas-president-orders-suspension-of-european-backed-fund/ 6/6
source: https://www.ksnt.com/news/international/ugandas-president-orders-suspension-of-european-backed-fund/ 6/6
Attached is the letter Pres. Museveni sent to the Minister of Finance to suspend the #DGF operations 'immediately'. Mr. Museveni wants new leaders (from Uganda) appointed and HE APPROVES THEM FIRST himself.
