Unpacking the Shs 72.136 trillion 2024/25 budget observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.
Kasaija convened a crisis meeting and asked the technocrats to review the budget allocations with a view of increasing the resource envelope but only managed to raise additional Shs3.5 trillion
Of the total national budget envelope, Shs28.8 trillion is to be shared by 20 government programmes while Shs15.9 trillion will cater for debt refinancing and interest payment
Daily Monitor
Monday May 10 2021
State Minister of Finance David Bahati appears before the Budget Committee of Parliament on January 20 last year. PHOTO/DAVID LUBOWA
Summary
Mr Fredrick Angura (Tororo South) said government should always first compensate people to create way for construction of huge projects before looking for developers.
Government plans to get Shs11.4 trillion from domestic borrowing and Shs9 trillion from external borrowing.
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Parliament has approved a Shs44.7 trillion budget for the approaching financial year 2021/2022, following one month’s debate on ammendments by the parliamentary committee.
The new budget is down from this financial year’s Shs45.6 trillion, with a difference of Shs900 billion.