Uganda Launches New Financial Literacy Strategy with International Labour Organization Support
The Government of Uganda, through the Bank of Uganda, has launched a new Strategy for Financial Literacy (2026-2031), developed with support from the International Labour Organization (ILO). This strategy aims to enhance financial capabilities, promote responsible financial decision-making, and support more resilient livelihoods, particularly among underserved communities. The launch, which took place on October 30, 2026, in Kampala, coincided with World Savings Day celebrations. The strategy emphasizes moving beyond mere access to financial services by building skills in saving, budgeting, responsible borrowing, investing, and risk management. It will reach people through various channels, including community groups, schools, workplaces, and digital media, with a strong focus on digital financial literacy to ensure safe mobile money use, fraud detection, and data protection.