Pres. Museveni defends Investors in Gulu.

President Yoweri Kaguta Museveni
President Yoweri Kaguta Museveni

Pres. Museveni defends Investors in Gulu.

His Excellency Yoweri Tubuhaburwa Kaguta Museveni on Saturday defended investors against claims that profit repatriation was responsible for the continued poverty in the country.

The President rather blamed the rising levels of poverty on ‘greedy servants’ who misappropriate funds and other public resources.

The President was addressing the people of northern Uganda at Gulu State Lodge at 4th division headquarters in Gulu City. President Museveni emphasized that providing an environment that allows investors into the country increases revenue, a major propeller of the country’s economy. “We are now buying commodities here because they are making them here, they create jobs for people. But they also pay taxes here” Mr. Museveni said.

He added, ” Our Tax collections in 1996 were only shs5 billion but we are collecting shs21 trillion now, and the funds we collect are mostly from foreign direct investment which we use to support our health system, military, police and to build vital infrastructures like roads, dams, and bridges.”

He cited the recent Olwiyo-Guulu-Kitgum-Misingo road which was constructed with taxpayer funds.

“The ministry of health continues to receive requests from organizations to have their staff-tested, which it finds difficult to sustain due to in-country stock of test kits, resource constraints, and high costs of recovery of COVID-19 testing,” Dr. Atwine added.

She noted, however, that the government will continue to provide free testing services to patients who present to health facilities with COVID-19 symptoms, contacts of people who have tested positive for COVID-19, community surveys to establish the extent of spread of the virus, surveillance samples, and frontline workers.