Parliament on Friday June 1, 2018 approved Shs32.4 trillion as the annual National Budget for the 2018/2019 financial year.
The Budget Committee Chairperson Amos Lugoloobi in the report presented to the House presided over by deputy speaker Jacob Oulanyah said the budget would focus on enhancing production and productivity of agriculture, tourism and the oil and gas sectors.
According to Lugoloobi, the budget would also enhance the productivity of growth sectors and address public service salary increments.
“This will also speed up implementation of road and energy infrastructure, improve the healthcare services, focus on salary increments for some selected public service categories and also support private sector investments so as to cater for the key interventions,” Lugoolobi said.
However, a minority report presented by Dokolo Woman MP Cecilia Ogwal indicated that there were dissenting observations especially with the resource envelope and key sectoral recommendations in the approved national budget framework paper.
Ogwal said the ministry did not consider the recommendations for the sectors of agriculture, public service, treasury operations, gender and trade and industry.
Minister of Finance, Planning and Economic Development Hon. Matia Kasaija called for proper monitoring of the projects that would be targeted by the budget. He urged legislators to get involved in the oversight role as the country moves towards industrialization.
“Let us all be accountable for these funds. We need to get feedback about the projects in different parts of the country. As people’s representatives, please keep an eye on your districts because I cannot be everywhere at the same time,” Kasaija said.
Parliament approved the budget estimates for the 2018/2019 financial year with Recurrent Expenditure at shs9.4 trillion, development expenditure at shs13 trillion and statutory expenditure at shs10 trillion.
The Minister of Finance will present the budget to the nation on behalf of the President on the 14 June 2018.