• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

MP Muwanga Kivumbi: Today’s National Budget reading gives no hope to Ugandans

Stephen Kalema by Stephen Kalema
3 years ago
in National, News
6 0
Muhammad Muwanga Kivumbi

Muhammad Muwanga Kivumbi

ShareTweetSendShare

Butambala County Member of Parliament who also doubles as the shadow minister of Finance Muhammad Muwanga Kivumbi has claimed the National Budget reading scheduled for today Tuesday, is not going to give any hope to Ugandans because it’s not pro-people.

Kivumbi revealed that the largest portion of the money in the budget has been allocated on purchasing guns and paying debts whereas the livelihoods of Ugandans in such a difficult economic time are ignored.

“Most of the monies have been allocated into buying guns. In such a time where prices of commodities are high, how do you think of buying guns when the people you want to protect are dying of hunger? The other biggest portion has also been taken to pay debts, yet most of the debts we get are helping only a few clique of people! Therefore in today’s budget apart from the Parish Development model that has only been given one Trillion Shillings, there is nothing else that is pro-people,” the opposition legislator said.

Kivumbi added that the budget soon to be read has focused more on protecting the regime in power instead of protecting and provide for ordinary Ugandans.

As the constitution commands, today at Kololo Independence grounds, the Minister of Finance is going to read the National Budget that amounts to over Shs47 trillion and 130 billion shillings.

The 2022/23 budget soon to be read has increased by Shs3trillion and 317billion shilling. In this coming Financial Year government is to collect revenues of Shs25trillion and 789 billion shillings, an increase from Shs22trillion and Shs837billion from this Financial Year ending this month.

Out of the Shs48trillion and Shs130b, government is going to borrow Shs20trillion and of which Shs12 trillion and Shs973bn is to be borrowed from domestic financial institutions such as National Social Security Fund (NSSF) and some banks while Shs7trillion and Shs165bn is to be borrowed from China,World Bank and others.

 


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share1Tweet1SendShare

Related Posts

Chancellor of Jinja Diocese and Bishop’s Secretary, Fr. Gerald Mutto
News

Preparations for St. Gonzaga Gonza Day celebrations complete 

4th July 2025 at 17:54
News

New business lounge commissioned at Entebbe International Airport

4th July 2025 at 16:40
News

Jinja Hospital Boss Dr. Yayi Calls for Improved Maternal and Child Health Services To Curb Birth Asphyxia

4th July 2025 at 16:36
Next Post
President Yoweri Museveni

Prosperity will not be achieved through lawlessness and insecurity- Museveni warns Karimojongs 

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1108 shares
    Share 443 Tweet 277
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2285 shares
    Share 914 Tweet 571
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    43 shares
    Share 17 Tweet 11
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    22 shares
    Share 9 Tweet 6
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    119 shares
    Share 48 Tweet 30
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Chancellor of Jinja Diocese and Bishop’s Secretary, Fr. Gerald Mutto

Preparations for St. Gonzaga Gonza Day celebrations complete 

4th July 2025 at 17:54

New business lounge commissioned at Entebbe International Airport

4th July 2025 at 16:40

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is set to speak at business forum in United Kingdom

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0
Chancellor of Jinja Diocese and Bishop’s Secretary, Fr. Gerald Mutto

Preparations for St. Gonzaga Gonza Day celebrations complete 

4th July 2025 at 17:54

New business lounge commissioned at Entebbe International Airport

4th July 2025 at 16:40

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda