TOURISM AND FINANCING: Sector players persuade banks
Recovery for the tourism sector remains a very ambitious target, enterprises shocked but the pandemic and now the global economic crisis, have turned to financial institutions for relief. Players are now urging banks, to come to their rescue and save not just tens of thousands of jobs at risk but SMEs at the cusp of collapse. Pre- Pandemic, the direct impact of tourism expenditures in Uganda totalled 3.1% of GDP.
