M7 Scoffs At Moneylenders For Causing Sadness,Suicide Due To High&Unregulated Interest Rates
President Museveni has directed the Ministry of Finance to issue a statutory instrument to operationalize Section 90 of the tier from Microfinance Institutions and Money Lender Act 2016 within two weeks on interest paid by borrowers to moneylenders in the country. The President made the remarks on Thursday, September 28, 2023, during the National Resistant…