The appointment takes immediate effect.
When contacted for a comment on the matter, Gumisiriza applauded the president for the appointment.
“ I have over the last 10 years been involved in proposing solutions to the president on how to transform the informal sector players such as market vendors, street vendors, Boda Boda riders and many others. This appointment is a vote of confidence that I can now directly address these matters at different levels of government rather than just giving him proposals which in most cases are not implemented by the different ministries, departments and agencies. I will not betray his confidence in me,” Gumisiriza told the Nile Post.
Work
According to Gumisiriza, his core assignment is to oversee the performance of Presidential Revolving Funds in informal sector to make sure they deliver the purpose of uplifting the urban poor from poverty.
“Ultimately it is to reduce the size of the informal sector by coordinating efforts by different agencies to formalize the informal businesses.”
The informal sector is Uganda’s largest employer and plays a vital role in the country’s economy.
More than 80% of the country’s workforce is employed in the informal sector .
Data also shows that Uganda's informal economy contributes about 54.5 percent of Gross Domestic Product (GDP)