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HomeUncategorizedGovt Fails To Recover Over K35 Million Youth Development Fund Loans

Govt Fails To Recover Over K35 Million Youth Development Fund Loans

Government has failed to recover Youth development fund loans amounting to over 35 Million Kwacha.
According to the latest Auditor General’s Report, out of 37 Million Kwacha disbursed by the Ministry of Youth, Sport and Child Development to over one 1,000 youth groups, only One point Six Million had been recovered as of July, 2016.The loans were disbursed to youth groups between 2012 and 2014.

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