Journal
Metropolitan Journal of Academic and Applied Research
MJAAR
From Savings to Sustainable Growth: A Policy Analysis of Project Okusevinga and Uganda’s Human Capital Investment Imperative
Dr. Arinaitwe Julius, Musiimenta Nancy
| Journal | Metropolitan Journal of Academic and Applied Research (MJAAR) |
| Volume / Issue | Vol. 5, No. 3 |
| Published | 31 March 2026 |
| ISSN | 3006-6417 |
Abstract
This study presents a comprehensive policy analysis of Project Okusevinga, Uganda's nationwide savings mobilization initiative launched under the Parish Development Model, examining its effectiveness in promoting household human capital investments across education, health, and skills development in the context of Uganda's broader sustainable development agenda. Employing a mixed-methods research design, the study analyzed data from 2,400 households across 12 districts in Uganda's four major regions, combining quantitative cross-sectional household survey data collected between June and September 2023 with qualitative insights drawn from 45 key informant interviews and six focus group discussions, utilizing univariate, bivariate, and mixed effects regression analyses to account for the hierarchical nesting of households within parishes and districts. The quantitative findings reveal statistically significant associations between Project Okusevinga participation and enhanced human capital investments: participants demonstrated 127% higher monthly savings (UGX 42,500 vs. UGX 18,700), 28.2% greater annual education expenditure per child, 30.6% higher out-of-pocket health expenditure, and 56.6% greater prevalence of skills training participation compared to non-participants. Multivariate mixed effects regression models confirmed that project participation independently predicted 32.8%, 22.6%, and 29.9% increases in education, health, and skills training investments respectively, even after controlling for household income, parental education, geographic location, and community-level infrastructure factors. Bivariate correlation analyses further revealed moderate-tostrong positive associations between monthly savings amounts and all human capital investment indicators (r = 0.358– 0.487, p
Keywords
Savings Mobilization
Human Capital Investment
Financial Inclusion
Sustainable Economic Growth.
Cite This Article
Dr. Arinaitwe Julius & Musiimenta Nancy (2026). From Savings to Sustainable Growth: A Policy Analysis of Project Okusevinga and Uganda’s Human Capital Investment Imperative. Metropolitan Journal of Academic and Applied Research, 5(3). https://journals.miu.ac.ug/pages/article.php?article_id=259
More in This Issue
View full issue →
6
Beyond Headline Figures: The Qualitative Shift in Foreign Direct Investment and Africa’s Development Trajectory
Foreign Direct Investment
Africa
Development Trajectory
Technology Transfer.
7
Beyond Replication: Edible Green Walls as a Catalyst for Contextual Urban Agroecology in Africa
edible green walls
urban agroecology
Africa
food security
8
Beyond Romantic Ideals: Marriage as a Dyadic Fortress for Containing Distress and Building Resilience
Dyadic coping
psychological distress
marital resilience
multilevel modelling
9
Beyond Technological Fixes: Integrating Ecological Principles in Policy Planning for Climate-Resilient Urban Development
ecological principles
urban resilience
climate-resilient urban development
green infrastructure
10
Beyond the Clock: A Case Study of Time Versus Output in Workplace Management Insights from Spain and Uganda
workplace management systems
output-based management
time-based management
crosscultural comparison