Parliament has today in an unprecedented manner passed the coming financial year 2019/2020 budget totaling 40.48 trillion Shillings without debate on the budget committee report. The report was presented on Thursday afternoon by the committee Chairperson Amos Lugoloobi.
“As of the end of December 2018, the value of the Fund stood at 288.7 billion Shillings. The reduction in the Fund value from 470.4 billion Shilling reported in June 2018 to the current 288.7 billion Shillings was due to the transfer of 200 billion Shillings to the Uganda Consolidated Fund to finance the financial year 2018/2019 budget,” a report by the Budget Committee of Parliament stated.
The committee chaired by Judith Franca Akello, the Woman Member of Parliament for Agago district has in its findings revealed that the program is suffering from gross corruption tendencies and misuse of public resources perpetrated by accounting officers and engineers in local governments.