Maria Kiwanuka

Maria Kiwanuka (born on 12 May 1955) is a Ugandan economist, businesswoman and politician who served as Minister of Finance in the Cabinet of Uganda from 27 May 2011 to 1 March 2015. Since 2015 she has been Senior Advisor to the President of Uganda on financial matters, responsible for the Bretton Woods Institutions.

Quotes

"Don't Borrow Money and Disappear-Former minister Kiwanuka tells SMEs." (2022)

"Don't Borrow Money and Disappear-Former minister Kiwanuka tells SMEs." "Don't Borrow Money and Disappear-Former minister Kiwanuka tells SMEs.", New Vision (26 May 2022)

• First of all, all of us are stakeholders, there is no free lunch for everybody. There is no free finance. You must not say, let me take this money and run. In order to develop, we must stop thinking of getting money and disappear.

• We must respect the rule of the law. Borrowers must respect lenders and lenders must respect borrowers.

• Money is what makes the economy go round so financiers need to take a long overview to see how finances will be disbursed.

• If your SMEs are in line with inelastic demand, as a borrower, you can never go wrong because people need to eat and clothe themselves.