NSSF targets 20 trillion shillings in asset growth

223 views · Published 22 August 2018 · 2:23 · Indexed 20 October 2026

Channel: NTVUganda · 2018 · News & Politics

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Highlights of the latest financial statement of the National Social Security Fund NSSF indicates a sterling performance from 1.5 Trillion shillings in 2010 to 9.98 Trillion shillings in assets to date. 

The indicators of the Fund's performance shared on Wednesday morning, reveals that total income grew by 77% over the year from 912 Billion in 2017 to 1.6 Trillion this year. 

Under the current Stewardship of MD Richard Byarugaba, the NSSF has since set out an ambitious target of growing the fund to at least 20 Trillion in assets over the next 7 years.

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