The Majority Caucus has announced plans to request a detailed audit of the One District One Factory (1D1F) policy when Parliament resumes, citing widespread concerns over corruption and abuse under the programme.
According to the Caucus, the audit will seek to identify the companies that benefited from tax exemptions and establish how those exemptions were utilised.
The policy, the Majority said, failed to achieve its core objective of industrialisation and job creation.
Describing the initiative as a “monumentally failed policy”, the Majority argued that its poor outcomes were a direct result of weak oversight and blatant misuse of public incentives.
“If the policy had worked as advertised, thousands of young people would be in stable private sector jobs today,” Mr Ayariga said, accusing the Minority of pretending to care about youth unemployment.
The Majority said the audit will ensure accountability and help prevent a repeat of policies that drain public resources without delivering meaningful economic benefits.
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Source: www.myjoyonline.com
