The Government of Uganda has requested a Shs378 billion loan from the International Fund for Agricultural Development (IFAD) to support the Resilient Livestock Value Chain Project, aimed at transforming the country’s dairy and beef sectors.
State Minister for Finance, Henry Musasizi, presented the proposal to the Parliamentary Committee on National Economy, highlighting the project’s potential to improve the livelihoods of smallholder livestock farmers, combat poverty, reduce malnutrition, and enhance food security.
The initiative will also focus on strengthening the marketing and regulatory framework for the livestock sector, providing farmers with better access to quality feed, water, and fodder, thereby increasing productivity and income.
Committee members sought clarification on the urgency of processing the loan and the criteria for selecting the 55 beneficiary districts. Minister Musasizi assured MPs that the project is a strategic intervention set to boost livestock productivity and resilience across Uganda.
The Committee on National Economy has been tasked with fast-tracking consideration of the loan, a move expected to determine the project’s implementation and its broader impact on Uganda’s agricultural growth.
