The National Social Security Fund (NSSF) is making a special savings plan for Ugandans who live and work in other countries. This plan will help them save money while they are abroad so they can use it when they come back to Uganda.
The idea for this plan came from President Museveni, and it was shared by the Minister for Gender, Labour, and Social Development, Betty Amongi, during a meeting for NSSF members. She said that Ugandans living abroad would get support to save money with NSSF.
In December 2022, the Senior Presidential Advisor on Diaspora Affairs, Ambassador Abbey Walusimbi, talked to NSSF leaders about this plan.
The special savings plan will help Ugandans who are living abroad with their long-term money needs, retirement plans, and social security. NSSF wants to make a unique savings program for them.
NSSF plans to make this program easy to use and fair for everyone. They will work with experts and financial advisors to make it better. They are also looking at using technology, like mobile apps and online banking, to make it easier for people abroad to save money.
This is a good step for Ugandans living abroad because it will help them save money and plan for their future. It shows that NSSF cares about the people who are far from home.
People think this plan will be very helpful for those living abroad, as it will solve their money problems and make their lives better.