Sunday, July 05, 2020
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Parliament passes 1.8 Trillion Shillings

Parliament has passed 1.8 trillion shillings supplementary with only three day to the end of the financial year.

On these 45 billion shillings is to be given to the office of the prime minister, 455 billion shillings has been allocated to the African development bank, 89 billion shillings is to be given to the ministry of health to cater for COVID patients, 100 given to Uganda development bank while 10 billion shillings is to be given to the ministry of agriculture.

 Speaking to salt media after the release of the funds the minister for finance and economic planning said that the supplementary will catering for restoring the economy and revamp it from COVID error.

Bahati further noted that the funds would be assisting in enabling accessing loans at a low interest rates from micro finance support center.

Bahat supplementary.

The chairperson for the budget committee Amos Lugoloobi says despite the supplementary having few contrivances but it was necessary because of emergency.

However Nakaseke south MP Semakula Lutamaguzi had opposed the manner in which the supplementary has been passed when Ugandans are languishing in a bad state.

 Lutamaguzi further wondered how the funds are to be distributed in only three days.

 

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