Background
In July 2013, H.E the President launched Operation Wealth Creation (OWC) as an intervention aimed at efficiently facilitating national socio-economic transformation. Its focus was on raising household incomes and promoting wealth creation by transforming subsistence farmers into commercial farmers, with the ultimate goal of ending poverty. The launch followed the successful implementation and tangible outcomes of a pilot program that supported Civilian-Veterans in the “Luwero-Rwenzori Triangle”.
Main Objectives
The objectives of the program are aimed at promoting commercial agriculture among the masses, with a focus on boosting household incomes. This involves the equitable and timely distribution of production inputs to enhance productivity. The program also seeks to facilitate rural technological upgrading to enable smallholder farmers to become small-scale industrialists.
Additionally, the program aims to stimulate local and community enterprise development across the country, and facilitate infrastructure development in rural areas. Ultimately, the program seeks to empower the 68% of the population that is outside the money economy.