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Tag Archives: Contingency Fund

Parliament to budget for contingency fund to curb supplementaries

Kampala, Uganda | THE INDEPENDENT | Legislators have committed to budget for a contingency fund in the next budget cycle after it was left out in the Financial Year 2022/2023 budget. The commitment came on Wednesday, September 21, 2022, during plenary when the Vice-Chairperson of the Budget Committee, Ignatius Wamakuyu, reported that …

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Muhakanizi: No money for coronavirus emergency

Kampala, Uganda | THE INDEPENDENT | The Public Accounts Committee of Parliament-PAC on Tuesday afternoon established that government lacks money to handle any emergency that would arise from the coronavirus outbreak. The Secretary to the Treasury, Keith Muhakanizi revealed this while appearing before PAC to respond to queries in the …

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