today's Pick
Ugandans gear up for 2014/15 budget
Publish Date: Jun 12, 2014
Ugandans gear up for 2014/15 budget
Finance minister Maria Kiwanuka
  • mail
  • img
newvision

By Vision Reporter

Finance minister, Maria Kiwanuka, is set to present the 2014/15 national budget to Parliament later in the afternoon.


Each financial year, the finance minister performs the duty on behalf of the President. After the presentation of budget speech, the President reacts to it.

 MPs, donors, the private sector and NGO leaders will keenly listen to the budget speech at Serena Kampala Hotel.

This will be the third budget speech Kiwanuka reads as other East African Community finance ministers do the same.

“This budget will be a continuation of last year’s budget in targeting resources at infrastructure, value-for-money on government projects leveraging domestic resources and pushing for greater accountability,” finance minister Maria Kiwanuka told New Vision earlier this week.

President Yoweri Museveni

According to the Framework Paper, the Government is planning to introduce a salary review commission for the civil service, give teachers their long awaited salary increments, initiate consultations into a viable national health insurance scheme, propose railway development levy and decentralise gratuity payments to civil servants away from the public service ministry.

Experts said the budget speech has moved away from the ‘midnight tonight’ policies where people were keen to hear on their radios what new taxes and policies would come into effect. Government has moved to create taxes and policies that are more predictable over a long term period.

Delivering his State of the Nation Address last week, President Yoweri Museveni said Government has prioritized agriculture, industry, services and ICT for 2014/15 financial year.

The President explained that four sectors are very crucial in wealth creation and access to employment.

The national budget is the key instrument through which government implements its policies. The Civil Society Budget Advocacy Group demands that the government should put more money into agriculture, health, roads and education.

They accuse government of not walking the talk when it comes to putting money where its mouth is and even not implementing and accounting for where huge amounts of funds are allocated.

RELATED STORIES 

CSOs want special committee on secret budget outlay

Local Gov'ts want their share of national budget doubled

Civil society told to monitor national budget

URA can fund national budget,say experts

BUDGET: Experts react

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
SHE only graduated in January with a bachelor’s degree in Economics from Makerere and had just gotten a job...
Kenya torches 15-tonne ivory stockpile
KENYAN President Uhuru Kenyatta set fire to a giant pile of 15 tonnes of elephant ivory...
Prosecutors seek 10yr jail term for Simone Gbagbo
PROSECUTERS in Ivory Coast have asked judges to sentence former first lady Simone Gbagbo to a ten-year prison term...
Phone and Internet firms are rolling out cheaper handsets and may turn to hot-air balloons to boost network coverage in developing countries, where sales of smartphones are booming....
Penis size: researchers provide the long and short of it
The enduring question now has a scientific answer: 13.12 centimetres (5.16 inches) in length when erect, and 11.66 cm around, according to an analysis of more than 15,000 appendages around the world....
Gambia shuts down
The Gambia has banned gambling, it announced on Monday, denouncing the industry as "exploitative" and saying the government acted to prevent its youth from becoming a generation of addicts....
Is KCCA doing enough to curb poor hygeine?
Yes
No
Can't Say
follow us
subscribe to our news letter