National NewsNews

GOV’T APPROVES MILITARY ECONOMIC COOPERATION FIRM

SSPDF officers during the opening ceremony of the Military Headquarters building at Bilpam (File photo: Kidega Livingstone)

By Kidega Livingstone

The government has approved a plan to set up military economic cooperation firm that would help the national army run businesses to support their activities, the national spokesperson Michael Makuei Lueth said last Friday.

Makuei who is the Minister of Information, Telecommunication and Postal Services said after the Council of Ministers’ meeting, the Defense and Veterans Affairs Minister Kuol Manyang presented the report which was approved by the cabinet.

“It is a multi-purpose cooperation. It is supposed to operate in the areas of operation so the cabinet has approved under which the company will be established in accordance with the laws of South Sudan,” Makuei said.

Makuei said the Defense Ministry was given a green light to start establishment of the cooperation so that it can render services to the army and the people of South Sudan.

Establishment of the Military Economic Cooperation has been seen in many parts of the world. In Uganda, the government introduced saving scheme cooperation called (SACCO) that supports all the forces with loans in order to assist them in constructing their own houses and support their financial positions.

Leave a Response