Africa-Press – Uganda. The Microfinance Support Centre (MSC) has unveiled a new five-year Strategic Plan (2025/26–2029/30), aimed at deepening financial inclusion, creating jobs, and fighting poverty at the grassroots level.
The plan, launched at the Four Points by Sheraton Hotel in Kampala, underscores government’s renewed commitment to building a financially resilient and economically empowered citizenry.
Finance, Planning and Economic Development Minister Matia Kasaija, who presided over the launch, called on Ugandan especially the youth—to embrace productive ventures and strengthen their saving culture.
“We want people to join the financial economy by making them have money in their pockets through a strong saving culture,” Kasaija emphasised.
“If we are to transform Uganda, our people must reduce wasteful expenditure and focus on investments that create value and sustainability.”
He further noted that Uganda’s rapid population growth demands deliberate and innovative economic interventions.
“Our interventions in promoting financial inclusion, job creation, and wealth generation at the grassroots are part of government’s long-term vision to transform Uganda into a middle-income economy,” Kasaija said.
The new strategic plan is anchored on the theme “Affordable Microfinance Services for Wealth and Job Creation.” It focuses on scaling up access to affordable credit, supporting community-based financial institutions, and enhancing digital financial services to reach rural populations.
Dr. Kiiza Aliba Emmanuel, the Chairperson of the MSC Board, reaffirmed the Centre’s commitment to intensifying poverty eradication efforts.
“The Microfinance Support Centre is determined to reach every corner of Uganda. Our focus will be on establishing and supporting institutions that help ordinary Ugandans grow financially and sustainably,” Dr. Kiiza said.
Deputy Executive Director Hellen Petronilla Masika elaborated on the plan’s practical approach, highlighting the need for affordable microfinance solutions tailored to grassroots realities.
“Our Strategic Plan is guided by the theme ‘Affordable Microfinance Services for Wealth and Job Creation.’ This is not just a slogan—it’s a call to action to empower families, youth, and entrepreneurs across the country,” Masika said.
Representatives from the Bank of Uganda commended MSC’s initiative, pledging continued regulatory support to ensure financial stability and sustainable growth.
“As the regulator, we are committed to supporting the Microfinance Support Centre in all its economic undertakings that help Ugandans transform economically,” a Bank of Uganda official noted.
The launch marks a pivotal moment in Uganda’s financial inclusion journey, setting the tone for a decade of grassroots-driven economic transformation.
For More News And Analysis About Uganda Follow Africa-Press
