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Workers MP Wants COVID-19 Economic Victims Supported with Capital 

Workers Member of Parliament, Agnes Kunihira has appealed to Government to extend financial support to the people who lost their jobs as a result of COVID-19 pandemic.

Kunihira told journalists in Kampala that many people are suffering without employment after closure of their companies or job cuts precipitated by the adverse effects of the Covid-19 pandemic.

“Many people out there are struggling without means of economic survival after losing their jobs due to the COVID-19 pandemic. Government should think about creating for them jobs or providing them with money for capital to venture into income generating activities,” said Kunihira.

Kunihira noted that though people don’t have what to do, they have remained with their skills and are ready to apply them if supported with capital.

“Professionals like chefs, tourism workers and others have their skills but nothing to do. A chef can start an eatery or a restaurant when supported,” she noted.

Government in March this year postponed taxes worth 129.4 billion as a short term emergency relief measure to businesses affected by the Covid-19 pandemic.

The taxes postponed till September 2020 included corporate income tax, Pay As You Earn (PAYE) and presumptive tax, which are paid by smaller businesses in the informal sector solely to stimulate the economy to safeguard livelihoods, jobs, businesses and industrial recovery.

Finance Minister, Matia Kasaija said the suspension of taxes was to save businesses in the informal sector and some smaller businesses in the formal sector which were at the edge of collapse due to the lockdown.

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Government has also committed Shs 1.4 trillion in the 2020/2021 financial year to the Uganda Development Banks for soft loans to businesses and companies.

 

 

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