PACEID to underwrite exporter’s invoices
The Presidential Advisory Committee on Exports and Industrial Development has announced a fund, which will take care of all the financial risks in the case of loans and insurance etcetera, efforts aimed at supporting Ugandans in the agricultural sector, producing for export. According to Odrek Rwabwogo, the PACEID Chairman, this is part of government efforts to attain a target of 6 billion dollars in export receipts in the next four years.