EXPORT COMPETITIVENESS: Government pledges to support MSMEs, supply chains
The Ugandan government is shifting its focus from simple production financing to building commercially viable MSMEs capable of competing in international markets. Officials aim to create stronger supply chain links to boost the country's export base.
Why it matters
Economic development strategies are critical for emerging markets seeking to improve trade balances and industrial capacity.
Government is seeking to turn billions of shillings channelled through wealth-creation programmes into businesses capable of competing in regional and international markets. At the 17th National Competitiveness Forum, the focus shifted from financing production to building commercially viable businesses that can scale, add value and supply export markets.
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