• EDITORIAL POLICY
  • ABOUT US
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
suubula suubula suubula
Home OpEd

MORRISON RWAKAKAMBA: Here’s a proposal for the Economic Relief package for Ugandans during COVID-19 Crisis

PML DAILY EDITOR | PML Daily Editorial by PML DAILY EDITOR | PML Daily Editorial
March 27, 2020
in OpEd
0 0
19
SHARES
366
VIEWS
FacebookWhatsAppTwitter
Morrison Rwakakamba, a residence of Nyeibingo Village, Kebisoni, Rukungiri (PHOTO/Courtesy).

RUKUNGIRI – A: Tax relief measure on utilities and essential goods for 6 months:

Government moves to implement VAT (18%) exemption on Water, Energy services (grid electricity/yaka, and solar home systems) – and essentials; Soap and Salt. This 18% VAT is a direct price concession to consumers. For Utilities, this measure should benefit consumers who consume lowest units per month. E.g. for electricity – not more than 30 yaka units a month.

B: Food relief for mostly vulnerable urban/ peri-urban youth and women:

In absence of national cereal vaults, Government provides initial UGX 40 billion for cities and municipalities to procure and store maize and beans at district/city headquarters. Chief Administrative Officers (CAOs)/Town Clerks work with Operation Wealth Creation (OWC) to build Operating Procedures for distributing food relief to targeted food stressed urban individuals during this #Covid-19 crisis.

C: Provide extra Cash relief for elderly for 6 months:

Increase monthly payout to elderly from UGX 20,000 to UGX 30,000. The elderly are the most vulnerable yet continue to head families with orphans.  This is the reality of Uganda’s social structure. At this time of #covid-19 crisis, our seniors need extra spend on essentials like soap. Seniors have been receiving some extra transfers from relatives in towns who are not in position to help in this Covid-19 crisis.

D:  Mobile Money transaction fees relief:

To share burden, telecoms should cut into half sending and receiving money charges. The cost-share for reduction of Mobile Money charges should be borne by government (through tax reduction) and Telecoms (profit margin reduction). This will allow increased flow of help-financial transactions during this #COVID-19 crisis.

E: Government finds a legal solution and directs NSSF to advance 10% to savers:

NSSF is expected to be running a healthy liquidity ratio. The 10% advance /payout is below the interest rate that NSSF advanced to savers in 2019. Therefore, this has no negative implications for the old age replacement income that NSSF is.  This should be layered and targeted, prioritizing NSSF savers who are no longer in employment, yet can’t access their savings because they haven’t clocked the retirement age.

F: Governments solicits views from Landlords and Banks to model a rent relief and loans relief.

=======================================

Morrison Rwakakamba from Nyeibingo Village, Kebisoni, Rukungiri.

Comments

Tags: COVID-19 CrisisMorrison Rwakakambatop

Related Posts

The following stages that have been operating along streets around Shoprite, Shell and Gapco fuel stations but ply Ggaba road shall move to the Old taxi Park to replace those that have been relocated to Usafi Park:
NEWS

Taxi drivers concerned over delayed works on Old Taxi Park

February 28, 2021
64
The first group of refugees from Ethiopia’s Tigray region are welcomed by UNHCR staff at the Tunaydbah refugee camp, Sudan (PHOTO/Courtesy).
World

Ethiopia Deputy PM promises to undertake investigation into alleged human rights abuses in restive region

February 28, 2021
59
Photo taken in Arlington, Virginia, the United States, on Nov. 7, 2020, shows the live stream of U.S. Democratic nominee Joe Biden delivering a speech in Wilmington, Delaware (PHOTO/Xinhua).
World

Biden revokes Trump-era visa ban affecting green card applicants

February 28, 2021
97
Lawyer Bob Kasango has died (PHOTO/File)
NEWS

Lawyer Bob Kasango dies from Luzira Prison

February 27, 2021
578
L-R, Mr Charles Angebault the Co-founder and C.E.O Metajua, Dr. Okaka Geofrey Owich, the Assistant Commissioner URA and Malisa Nyakwera, the Head of the Head of Agri-Business at Stanbic Bank (PHOTO/Courtesy).
BUSINESS

Ugandan farmers, SMEs tipped on how to utilize Africa free trade zone

February 27, 2021
200
Dr. Patricia Achan Okiria is a  Commissioner at UHRC (PHOTO/Courtesy).
OpEd

DR. PATRICIA ACHAN OKIRIA: Children’s rights and the digital sphere in Uganda

February 27, 2021
110

Advertisement






 

 

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2020 PMLDAILY.COM

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2020 PMLDAILY.COM

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In