The Uganda Microfinance Regulatory Authority (UMRA) joined dozens of other Government agencies to participate in activities leading to the budget presentation.
The Authority led by the new Executive Director Mrs Tusuubira Edith and the two Directors, Andrew James Nyakoojo, Director Supervision and Emong Ojulang Peter, the Director Finance and Administration first took part in the tree planting activity along Kampala City Streets before taking part in the march.
The tree planting took place on May 24th, 2019 where hundreds of trees were planted along road reserves of Uganda’s capital City Kampala.
These activities were organized by the Ministry of Finance Planning and Economic Development to create public awareness about the budget 2019 among Ugandans who are the primary beneficiaries.
UMRA Staff joined dozens of other government agencies, Ministries and Departments alongside civil society activists and marched from Constitutional Square to Kololo. At Kololo, UMRA provided materials to members and copies of the Tier 4 Microfinance Institutions and Money Lenders Act, 2016, application forms for money lending license and copies of regulations for both Money Lenders and Non Deposit Taking Microfinance Institutions and Money lenders.
Among the people that visited UMRA tent include Prime Minister of Uganda Hon Ruhakana Rugunda, Hon Matia Kasaija, the Minister of Finance Planning and Economic Development, Hon Haruna Kyeyune Kasolo, the State Minister of Finance Planning and Economic Development in Charge of Microfinance, on David Bahati, the State Minister of Finance Planning and Economic Development in charge of Planning among others.
Several other people Ugandans visited UMRA tent and were sensitized about the mandate of the Authority and the regulatory requirements for applying for a money lending license.
The purpose of the service excellence Exhibition at Kololo was to account to the general public what different government agencies do and create public awareness of the government programs.
The three day exhibition was officially closed by State Minister of Investment Evelyn Anite on June 7th 2019. Hon Anite thanked all the agencies that took part in these activities and asked them to be more transparent as they serve Ugandans.