Overview:
The drivers of this supplementary expenditure include the revoting of funds for World Bank-funded projects; UGIFT & USMID, shortfalls on wage and salaries arising from revalidation by the Ministry of Public Service after the special audit of the payroll.
Finance Ministry officials led by state ministers Henry Musasizi (General Duties) and Amos Lugoloobi (Planning) have appeared before the Budget Committee of Parliament to present the supplementary expenditure schedule No.1 of FY 2024/25 amounting to Shs1.051 trillion.
The expenditure is 1.46% of the approved budget for FY 2024/25.
The drivers of this supplementary expenditure include the revoting of funds for World Bank-funded projects; UGIFT & USMID, shortfalls on wage and salaries arising from revalidation by the Ministry of Public Service after the special audit of the payroll.
The others are critical Government policy commitments, including anti- cattle rustling in North and North Eastern Uganda, implementation of Rationalisation of Agencies (RAPEX), peace and security.
According to the ministry, this supplementary expenditure will be funded from a combination of additional tax revenue and non-tax revenue, additional borrowing and already committed external financing.