• 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

Why parliament approved Shs3.5 trillion Supplementary funding

Watchdog Uganda by Watchdog Uganda
2 years ago
in National, News
1 0
Minister Henry Musasizi

Minister Henry Musasizi

ShareTweetSendShare

Parliament has approved Shs3.5 trillion supplementary funding to cater for various government sectors including State House, President’s Office and the Ministry of Health.

The funds, under the Supplementary Expenditure Schedule No.1 for the Financial Year 2023/2024, were approved during the House sitting on Wednesday, 6 December 2023.

The Minister of State for Finance (General Duties), Hon. Henry Musasizi, who presented the motion for resolution of Parliament to approve the expenditure, said Shs1.9 trillion required prior Parliamentary approval while Shs1.5 trillion was within the 3 percent legal limit.

He said that the drivers of the supplementary and statutory expenditure include payment for domestic obligations to the Central Bank of Shs2 trillion.

He said that by June 2023, government owed Bank of Uganda Shs4.8 trillion which had accumulated from 2019/2020 financial year.

“You recall that in order to support the recovery of the economy from the slow down brought about by Covid-19, government expenditure was expansionary in order to provide a fiscal stimulus to various sectors of the economy. However, government was not able to fully fund its expenditures, accordingly, BOU met government obligations on domestic debt redemptions,” Musasizi said.

In the report of the Committee of National Economy presented by the Chairperson, Hon. Patrick Isiagi, out of the Shs1.9 trillion, State House got Shs441.3 billion under classified expenditure, while the Office of the President was allocated Shs26 billion for hosting the Non Aligned Movement and G77+1 summits in 2024.

The Ministry of Finance got Shs44 billion out of which, Shs13 billion will go towards supporting artists under Microfinance Support Centre.

The funds will be used for capitalization of the performing artists’ SACCO to enable them to provide financial services to stakeholders in the Creative Industry as well as support development of structures for the Creative Industry and Artists.

Compensation of the properties of the Kingdoms of Buganda, Bunyoro and Tooro have also been catered for under the Ministry of Lands, Housing and Urban Development which has been allocated Shs10 billion. Buganda Kingdom has been allocated Shs3 billion, Bunyoro got Shs4 billion while Tooro Kingdom received Shs3 billion.

Ministry of Education and Sports was allocated Shs55.7 billion out of which, Shs13.9 billion was given to Higher Education Students’ Financing Board to provide loans for new students. Shs17.6 billion will be used to complete phase one of renovation works at Mandela National Stadium while Shs24 billion was allocated as additional funding to enable Uganda to host the African Cup of Nations and African Nations Champions.

Shs9.8 billion was allocated to Ministry of Health to cover Pay as You Earn for Medical interns to ensure that each intern and senior house officer receives a net allowance of Shs1 million.

Isiagi said that the source of funding for the supplementary is Non Tax Revenue, domestic borrowing and external financing.

There was however a minority report authored by Hon. Gorreth Namugga (NUP, Mawogola County South), Hon. Patrick Oshabe (NUP, Kassanda County North) and Hon. Muwanga Kivumbi (NUP, Butambala County).

Hon. Oshabe said that there are several entities that missed allocation of funding owing to budget ceiling yet they have not been catered to in the supplementary.

“For example, the nursery operators who supplied coffee and tea seedlings. We are concerned that supplementary budget requests are a conduit for misuse of tax payers’ money,” he said.

He was also against the additional allocation of Shs441.3 billion to State House.

Speaker Anita Among tasked the Minister of Finance to commit to provide funds for nursery bed operators.

“We need a commitment from the Minister that the funds for nursery bed operators will be captured in the Budget Framework Paper,” she said.

The Minister of Finance, Matia Kasaija pledged to provide the funds in the 2024/2025 budget.


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

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 Museveni assures investors of ready market for locally made lithium car batteries 

  • 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

    23 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