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THE PRIVATE SECTORS CONTRIBUTION TO DOMESTIC FINANCING: MYTH OR REALITY?

Time: 16:45-18:15
Room: MH4
Reporters: MBABAZI Jeannette and GASENGAYIRE Aliane
Speaker: Vinand Nantulya, Chairperson of the one dollar initiative

Private sector is Part of the economy run by individuals and companies for profit, Engaged in all aspects of life (health, service, education, transport, banking). Every household has been affected by the epidemic- a father or mother; husband or wife; son or daughter; brother or sister; uncle or aunt; cousin or friend. For the Private Sector, these represent employees, customers, suppliers and their families.We need a healthy and productive population for healthy.

Uganda has lost around 2 million lives due to AIDS and related illnesses since the epidemic began. Currently, 1.4 million Ugandans are living with HIV.

Uganda has decided on changing landscape on donation funds through innovative domestic resource mobilization and financing mechanism to resource its HIV and AIDS response. This effort is being led by the private sector. A campaign called the one dollar HIV/AIDS initiative was launched in 2017. Contributions to the initiative is made by individuals, corporations, companies, professional associations, Rotary Clubs, NGOs/CSOs, religious institutions and Ugandans in the Diaspora. Funds are also raised through fundraising events.

The speaker finished his talk by quoting a Chinese proverb saying “Even a journey of 1000 miles starts with a single step”.

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