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Tag Archives: Budget Committee

Gov’t entities failed to spend 951 billion shillings

Kampala, Uganda | THE INDEPENDENT | Fifteen government entities failed to spend funds totaling 951 billion shillings appropriated in the current budget for the financial year 2020/2021. The funds are reported to have been unspent by December 2020. Amos Lugoloobi, the chairman of the Budget Committee of Parliament said in a report …

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Budget Committee declines to approve UGX 487 billion oil loan

Government intends to secure finances from the domestic market for the oil pipeline project Kampala, Uganda | THE INDEPENDENT | High hurdles still stand in the way to the Final Investment Decision that will see the country’s first oil come out of the ground for the crude to be transported to …

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MP query UGX 56B electoral commission supplementary budget

Kampala, Uganda |  THE INDEPENDENT | The Budget Committee of Parliament has questioned a request of 56.523 billion Shillings by the Electoral Commission. A portion of the funds is required to facilitate electoral activities that have already taken place.  According to EC Secretary Leonard Mulekwa, although the commission needed 93 billion …

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Ministry of finance tables UGX 292 Bn supplementary request

Kampala, Uganda |  THE INDEPENDENT | The Ministry of Finance Planning and Economic Development wants an additional 292.394 Billion shillings to mitigate the effects of the COVID-19 Pandemic and support the economy.        This is the fourth supplementary requested by the Ministry since Parliament approved the 45.5 trillion budget …

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Budget: Uganda’s debt payments near 3/4 of total revenue

Kampala, Uganda |  THE INDEPENDENT | The budget committee of Parliament has raised a red flag at the rising cost of debt payments amidst shrinking revenues as for every 100 shillings collected in revenue, Uganda will be spending 71. 7 shillings in paying local and foreign debts in the coming financial …

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No need for recapitalization of BoU – Deputy Governor

Kampala, Uganda | THE INDEPENDENT | The Central Bank does not need recapitalization in the 2021/2022 financial year according to Deputy Governor Michael Atingi-Ego. He disclosed this while appearing before the Budget Committee of parliament on Wednesday. He was appearing on the request of the committee to clarify on the Shillings …

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MPs demand audit of COVID cash

Kampala, Uganda | THE INDEPENDENT | Members of the Budget committee of Parliament have demanded for an audit into the funds received by government to handle the COVID-19 pandemic. The demand was put to the Finance Minister Matia Kasaija who appeared before the committee on Monday to present government priorities in …

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Budget committee rejects UGX 336Bn radio procurement deal

Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has declined to approve 336.8 Billion Shillings supplementary budget request by the government to purchase 9 million radio sets for Ugandan homes to facilitate the long-distance learning program. The decision has been disclosed by a section of MPs on the committee who …

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MPs appalled by state of firm fronted to supply radio sets

Kampala, Uganda | THE INDEPENDENT | The local firm being fronted by the Education and Sports Ministry to supply Ugandan homesteads with radio sets mainly deals in assembling transformers and woofers, Parliament has learnt. This became apparent when a due diligence team from the Budget Committee visited Orion Transformers and Electrics …

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