Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
SUBSCRIBE
Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
Uganda Mirror
No Result
View All Result
Home Business

Parliament Tasks Finance Ministry To Release Funds For Donor-Funded Projects

admin by admin
2024/02/01
in Business
Reading Time: 4 mins read
0
Parliament Tasks Finance Ministry To Release Funds For Donor-Funded Projects

The Minister of State for Finance (General Duties), Hon. Henry Musasizi

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

For continuing donor-funded initiatives, Parliament has encouraged the government to release cash as soon as possible.

You might also like

Finance Ministry Accounting Officer Dr. Sengonzi Honoured As Uganda’s Public Finance Management Champion

The Test Uganda Hasn’t Sat Yet

Museveni Demands Answers Over ‘Missing’ Shs51 Billion Meant For World Bank Debt

The directive comes after the Committee on Finance, Planning, and Economic Development’s report on unspent balances and the Consolidated Fund’s status as of June 30, 2023, was presented.

On Wednesday, January 31, 2024, during the plenary session, Hon. Amos Kankunda, the committee chairperson, presented the report.

According to the report, even though funds are available, the Finance Ministry has not released over Shs385 billion as unspent warrants for ongoing projects funded by the World Bank, Uganda Support to Municipal Infrastructure Development (USMID), and The Uganda Intergovernmental Fiscal Transfers (UgIFT).

A portion of the study stated, “As of July 1, 2022, warrants to various local government votes totalling Shs734.8 billion had not been spent, with 37% going to UGIFT and 20% to USMID.”

An accounting officer who has been granted a warrant by the Treasury is authorized to commit and expend funds up to the warrant amount within a specific fiscal year.

According to Kankunda, there were Shs3.77 trillion in unspent warrants—that is, authorized expenses that were never paid for—at the end of the fiscal year.

The committee noted that this was one of the factors contributing to the increase in domestic arrears.

The Finance Ministry, as well as the technical officers working for ministries and local governments, were deemed by MPs to be negligent in this situation, which they considered intolerable.

“The World Bank may withhold the financing since they are worn out from multiple meetings here. Why isn’t the government paying, they wonder? Municipalities hired vendors; they are dissatisfied, but funding is available,” stated Hon. Persis Namuganza, the state minister for housing.

MPs noted that in supplemental budgets, warrants with outstanding balances should be given priority. Is it not a basic budgetary principle that arrears should be called upon first? The deputy speaker, Thomas Tayebwa, who presided over the meeting, said,

“We implore the ministry to give these projects a chance when considering the supplementary schedule, prioritizing donor-funded projects.”

Hon. Sarah Opendi, the Woman MP for Tororo District, stated that there is an anomaly in the way donor-funded projects are implemented that has to be rectified.

This anomaly occurs when a single contractor is awarded many contracts without having the necessary financial resources.

One contractor that you located has contract lots in the northern, western, and eastern regions, but he doesn’t have enough money. I would want to suggest that a contractor receiving funding from donors not be awarded more than one lot for a project,” Opendi stated.

She berated technical officers for their carelessness in starting purchases near the end of the fiscal year, knowing full well that this will result in unused warrants and, eventually, a spike in domestic arrears.

“As an illustration of procurement, districts are aware of exactly what they require, but they initiate the procurement process in April, which is excessively drawn out,” she continued.

The MPs demanded an additional audit of the unspent amounts for staff recruiting wages totaling Shs58.9 billion.
“I don’t understand why, in a society where replacements are constants, we have refused people services.

We should never stop recruiting because we acknowledge that death is a reality, according to Hon. Aisha Kabanda (NUP, Butambala District Woman Representative).

Hon. Henry Musasizi, Minister of State for Finance (General Duties), promised to release cash for projects supported by donors and that he will review the Hansard to identify the MPs’ proposals.

We can stop certain warrants from remaining unspent because to inadequate preparation. Accounting officers are required under the commitment control systems to commit government when a work plan is in place.

According to Musasizi, it ought to be amended to state that an accounting officer should not commit government when there is no money.

According to Musasizi, government entities are obligated to submit bills to the Finance Ministry, which will be honoured based on available funds, as part of the current finance framework.

The Finance Ministry issues warrants that specify spending restrictions under the single treasury account.

Parliament amended the report to require the government to acknowledge its warrants in opposition to this.

Tags: FeaturedUganda News
Share30Tweet19
Previous Post

Church Wedding Fees Responsible For Inflation — UBOS

Next Post

FINALLY!!  Former Makerere University Guild President Graduates After 10 Years

Recommended For You

Finance Ministry Accounting Officer Dr. Sengonzi Honoured As Uganda’s Public Finance Management Champion

by Ritah Kengonzi
July 6, 2026
0
Finance Ministry Accounting Officer Dr. Sengonzi Honoured As Uganda’s Public Finance Management Champion

The Undersecretary and Accounting Officer at the Ministry of Finance, Planning and Economic Development, Dr. Sengonzi Damulira, has been recognised as Uganda's Public Finance Management Champion in recognition...

Read moreDetails

The Test Uganda Hasn’t Sat Yet

by admin
July 6, 2026
0
The Unwritten Deal is Dead: Gen Z is Reshaping Uganda’s Workplace

Record FDI and record coffee earnings are genuine achievements — but they are arriving during a capital-formation phase whose real test, converting inflow into industrial upgrading, is still...

Read moreDetails

Museveni Demands Answers Over ‘Missing’ Shs51 Billion Meant For World Bank Debt

by admin
July 3, 2026
0
Uganda Launches 2026 Presidential Campaigns as Eight Candidates Hit the Trail

An explosive letter purportedly signed by President Yoweri Museveni has placed the Ministry of Finance under intense scrutiny over the alleged diversion of US$14 million (about Shs51 billion)...

Read moreDetails

Makerere Unveils New Five-Year Strategy As Government Bets On Research To Drive Uganda’s $500 Billion Economy

by Ritah Kengonzi
July 2, 2026
0
Makerere Unveils New Five-Year Strategy As Government Bets On Research To Drive Uganda’s $500 Billion Economy

The Ugandan government has challenged Makerere University to become a powerhouse of policy research, innovation and technological advancement capable of driving the country's ambitious plan to grow its...

Read moreDetails

Finance Ministry Unveils FY2026/27 Fiscal Strategy, Targets Shs 45.6 Trillion Revenue Boost and Stricter Spending Controls

by Ritah Kengonzi
July 1, 2026
0
Finance Ministry Unveils FY2026/27 Fiscal Strategy, Targets Shs 45.6 Trillion Revenue Boost and Stricter Spending Controls

The Ministry of Finance, Planning and Economic Development has outlined an ambitious fiscal policy framework for the Financial Year 2026/27, signalling a sharper focus on revenue expansion, tighter...

Read moreDetails
Next Post
FINALLY!!  Former Makerere University Guild President Graduates After 10 Years

FINALLY!!  Former Makerere University Guild President Graduates After 10 Years

Related News

Stanbic Bank Top Bosses Sell Client’s Property To Themselves

Stanbic Bank Humiliated As High Court Throws Out Bid To Auction Property Over Shs90m Loan

29 minutes ago
NARO, Chinese University Partner on Livestock Research 

NARO, Chinese University Partner on Livestock Research 

4 hours ago
Former Spy Chief James Birungi Denied Bail, Remanded

Former Spy Chief James Birungi Denied Bail, Remanded

18 hours ago
Absa Bank Suffers Major Court Defeat As Judges Reject Shs65 Million Demand

Absa Bank Ordered To Compensate Sacked IT Engineer Over Unfair Hearing

18 hours ago
Inaugural Dettol Hygiene Quest Festival sees Burugo Primary School Crowned National Champion

Inaugural Dettol Hygiene Quest Festival sees Burugo Primary School Crowned National Champion

4 days ago
Bebe Cool Lands AFRIMMA Timeless Impact Nomination, Flies Uganda’s Flag Among Africa’s Music Greats

Bebe Cool Lands AFRIMMA Timeless Impact Nomination, Flies Uganda’s Flag Among Africa’s Music Greats

6 days ago

Popular Stories

  • The Unwritten Deal is Dead: Gen Z is Reshaping Uganda’s Workplace

    The Test Uganda Hasn’t Sat Yet

    1001 shares
    Share 400 Tweet 250
  • Works Minister Gives Contractor One Week Ultimatum To Finish Northern Bypass Repairs

    922 shares
    Share 369 Tweet 231
  • Former Speaker Anita Among To Be Arraigned Before Anti-Corruption Court

    762 shares
    Share 305 Tweet 191
  • Finance Ministry Accounting Officer Dr. Sengonzi Honoured As Uganda’s Public Finance Management Champion

    757 shares
    Share 303 Tweet 189
  • Government Unveils Japanese Climate-Smart Technology To Help Ugandan Farmers Beat Drought

    711 shares
    Share 284 Tweet 178
  • High Court to Hear Habeas Corpus Case As Citizens Petition Museveni Over Sanyu Edisah’s Alleged Detention

    674 shares
    Share 270 Tweet 169
  • Three Police Officers Arrested After Abbarci Industries Ltd Worker Shot Dead During UCDA Inspection In Gomba

    605 shares
    Share 242 Tweet 151
Facebook Twitter Instagram Youtube
Uganda Mirror

Uganda's leading source News in categories of Politics Gossip Crime Sports Business Technology & Education

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsREJECT ALLACCEPT ALL
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?