Uganda’s Parliament has approved a US$99.6 million loan from the International Fund for Agricultural Development (IFAD) to finance the Resilient Livestock Value Chain Project (ReLiV) across 55 districts in the cattle corridor. The loan aims to improve the livelihoods, income, nutrition, and resilience of smallholder dairy and beef farmers.
Minister of State for Finance Henry Musasizi presented the loan, highlighting its focus on poverty reduction, food security, and malnutrition. The project is expected to directly benefit 400,000 households, with a target of 40% women and 25% youth beneficiaries. Despite approval, the National Economy Committee called for renegotiation to shift funds from consumptive items to farming inputs and equipment.