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Tag Archives: consolidated fund

UGX 589 billion returned to consolidated fund in 2020/2021 financial year

Kampala, Uganda | THE INDEPENDENT | The Ministry Finance, Planning and Economic Development says a total of 589 billion shillings was returned unspent to the Consolidated Fund by local governments at the end of financial year 2020/2021. The Public Finance Management Act, 2015 provides that all unspent balances from Ministries, Departments, …

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Ignore rumor of seizing money in dormant accounts – Kasaija

Kampala, Uganda | THE INDEPENDENT | Holders of bank or mobile money accounts whose cash balances may be transferred to the Bank of Uganda or to the Consolidated Account, are free to recover it according to the laws. The National Payments Act, 2020 provides for the transfer of “idle money” or …

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Electoral reforms suggested by Opposition are costly – Bahati

  Kampala, Uganda | THE INDEPENDENT | Clauses in electoral bills presented to Parliament by Ndorwa East MP Wilfred Niwagaba attract a huge financial implication on the consolidated fund, far above what the government can provide. This is according to State Minister for Planning David Bahati, speaking in defence of the failure …

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Judiciary funding inconsistent with the Law: Constitutional Court

Kampala, Uganda | THE INDEPENDENT | The current system of funding the judiciary is inconsistent with the law, the Constitutional Court has ruled. In a judgment delivered on Friday, the final member panel of the Constitutional Court Justices, say funding of the judiciary an independent arm of government through the …

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Justice Ministry officials grilled over unspent UGX 448.7m

Kampala, Uganda | THE INDEPENDENT | Officials from the Justice and Constitutional Affairs Ministry have failed to justify the return of 448.7 million shillings to the Consolidated Fund at the close of the financial year 2017/2018. The officials led by Solicitor General Francis Atoke were on Thursday appearing before the Public …

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PAC grills defense officials over UGX 1.7 Billion

Kampala, Uganda | THE INDEPENDENT | The return of shillings 1.7 billion that was meant for pensioners to the consolidated fund by the Defense Ministry in the 2017/2018 financial year has irked members of the Public Accounts Committee (PAC). The issue came to the fore on Thursday during an interface between …

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UNRA returns UGX 3bn to treasury

  Kampala, Uganda | THE INDEPENDENT | Uganda National Roads Authority-UNRA returned 3.4 billion shillings to the consolidated fund at the end of the 2018/2019 financial year. UNRA head of finance and Accounts, Kwesiga Brazza explains that the authority failed to spend 3.4 billion shillings due to failure to recruit new …

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