Parliament on Friday passed a 44.77 trillion Shillings National Budget under which allocations to the Agricultural sector were drastically cut from 1.3 trillion in the current financial year to 799 billion in the new one.
Government plans to collect 22.63 trillion Shillings with over 20.83 trillion coming from tax revenue in the coming financial year 2021/2022. This is to help finance the 44.77 trillion Shillings budget passed by parliament today, of which 38% is going for debt servicing.
Amos Lugoloobi, the chairman of the Budget Committee of Parliament said, in a report presented to Parliament today that the Uganda National Roads Authority-UNRA, Uganda Police Force and Electoral Commission account for the agencies with the biggest unspent balances.
Uganda has 10,594 parishes and the Parish Development Model -PDM is a strategy for organizing and delivering public and private sector interventions for wealth creation and employment generation at the parish Ievel as the lowest economic planning unit.