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

MTN Uganda Pays Statutory Levy As UCC Targets Expanded Digital Access

Uganda’s Public Investment Pipeline Hits Shs117.6 Trillion As Government Prioritises Infrastructure Projects

Uganda Secures Fresh BADEA Support As Ggoobi Meets Bank President In Azerbaijan

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

MTN Uganda Pays Statutory Levy As UCC Targets Expanded Digital Access

by Ritah Kengonzi
June 23, 2026
0
MTN Uganda Pays Statutory Levy As UCC Targets Expanded Digital Access

Uganda’s telecommunications sector has marked another milestone in the drive to expand digital connectivity, with MTN Uganda remitting its statutory 2 percent levy contribution to the Uganda Communications...

Read moreDetails

Uganda’s Public Investment Pipeline Hits Shs117.6 Trillion As Government Prioritises Infrastructure Projects

by admin
June 23, 2026
0
Uganda’s Public Investment Pipeline Hits Shs117.6 Trillion As Government Prioritises Infrastructure Projects

Uganda’s ambitious public investment agenda has reached a combined value of Shs117.6 trillion, with economic infrastructure projects taking the lion’s share of planned government investments for the 2025/26...

Read moreDetails

Uganda Secures Fresh BADEA Support As Ggoobi Meets Bank President In Azerbaijan

by admin
June 23, 2026
0
Uganda Secures Fresh BADEA Support As Ggoobi Meets Bank President In Azerbaijan

Uganda has strengthened its development partnership with the Arab Bank for Economic Development in Africa (BADEA) following a high-level meeting between Permanent Secretary and Secretary to the Treasury...

Read moreDetails

Uganda’s Economy Remains Resilient As Business Activity Expands In May

by Ritah Kengonzi
June 19, 2026
0
Permanent Secretary and Secretary to the Treasury (PSST) Dr. Ramathan Ggoobi

Uganda’s economy continued to demonstrate resilience and expansion in May 2026, supported by improving business conditions, strong consumer demand, and inflation that remains within the government’s target range,...

Read moreDetails

World Bank Trains PIM PLUS Implementers On Inclusion, Non-Discrimination In Development Projects

by admin
June 17, 2026
0
World Bank Trains PIM PLUS Implementers On Inclusion, Non-Discrimination In Development Projects

The World Bank, in partnership with Uganda's Ministry of Finance, Planning and Economic Development, has conducted a training session on Inclusion and Non-Discrimination (IND) for technical officers implementing...

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

Former Minister Henry Banyenzaki Suffers Court Blow In Shs2 Billion Loan Battle with Tropical Bank

Former Minister Henry Banyenzaki Suffers Court Blow In Shs2 Billion Loan Battle with Tropical Bank

16 hours ago
Court Adjourns Sydney Gongodyo Murder Case As Investigators Pursue More Suspects

Court Adjourns Sydney Gongodyo Murder Case As Investigators Pursue More Suspects

16 hours ago
Uganda Secures Fresh BADEA Support As Ggoobi Meets Bank President In Azerbaijan

Uganda Secures Fresh BADEA Support As Ggoobi Meets Bank President In Azerbaijan

1 day ago
Nakasero Hospital Nurse Wins Unfair Dismissal Case, Loses Bid for UGX200 Million

Nakasero Hospital Nurse Wins Unfair Dismissal Case, Loses Bid for UGX200 Million

1 day ago
MTN Half Year Mug Crowns Champions as MTN Uganda Renews Partnership With Entebbe

MTN Half Year Mug Crowns Champions as MTN Uganda Renews Partnership With Entebbe

1 day ago
The Fintech Sector Will Change Faster Than You Expect And Slower Than it Promises – Esther Linda Nigiwan

The Fintech Sector Will Change Faster Than You Expect And Slower Than it Promises – Esther Linda Nigiwan

2 days ago

Popular Stories

  • Museveni Attends Pearl of Africa Tourism Expo 2026 as Uganda Pushes Tourism Growth Agenda

    Museveni Attends Pearl of Africa Tourism Expo 2026 as Uganda Pushes Tourism Growth Agenda

    2159 shares
    Share 864 Tweet 540
  • All Stolen Bank Of Uganda Laptops Recovered As Police Arrest Four Suspects

    1981 shares
    Share 792 Tweet 495
  • MUSEVENI: Mr. Mwenda, Thank You For Declaring Me Senile And Incapable Of Judging Right

    1907 shares
    Share 763 Tweet 477
  • Uganda Launches Digital E-Accounting Tool To Formalise Small Businesses

    1669 shares
    Share 668 Tweet 417
  • Fuel Prices Set To Rise As Energy Ministry Issues Warning

    1653 shares
    Share 661 Tweet 413
  • IRA Names Protazio Sande Acting CEO As Kaddunabbi’s Court Battle Intensifies

    937 shares
    Share 375 Tweet 234
  • Government to Roll Out Collaborative Procurement Reform To Cut Waste And Curb Corruption

    877 shares
    Share 351 Tweet 219
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?