Grapevine

Gulu youth refuse to refund Shs1.3b to govt

Gulu City Council administration has said they cannot recover more than Shs1.33 billion, which was disbursed to the youth and women under the Youth Livelihood Fund (YLP) and the Uganda Women Entrepreneurship Programme (UWEP).

The council’s December 2023 financial statements indicates that unrecovered funds had accumulated up to Shs1.79 billion, including advanced payments to the youth and women groups and accrued revenue.

According to the Auditor General’s report, upon assessing the projects’ progress, there was less effort in enforcing YLP and UWEP funds recoveries.

“There is a risk that these funds could become uncollectible, leading to a financial loss to the government and the entity,’’ says the report.

“Receivables represent an idle asset that denies the council the opportunities to utilise the funds to implement planned activities,” the report adds.