🔊 Gulu city budget shrinks as USMID funding ceases

Adong added that the city council failed to fulfil three-quarters of its projection to collect sh6bn in the 2023/24 financial year, instead collecting only sh3.7bn, prompting Parliament to lower its indicative planning figure.

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The drop is due to the cessation of USMID funding. File photo

By NewVision Reporter

Journalists @NewVision

#Gulu city #Budget #Financial year #USMID #Funding

Gulu City Council has passed a budget of shillings 39.97 billion for the 2024/2025 financial year, which is a drop from the current financial year’s shillings 55.78 billion.

This drop

🔊 Gulu city budget shrinks as USMID funding ceases

Adong added that the city council failed to fulfil three-quarters of its projection to collect sh6bn in the 2023/24 financial year, instead collecting only sh3.7bn, prompting Parliament to lower its indicative planning figure.

The drop is due to the cessation of USMID funding. File photo

By NewVision Reporter

Journalists @NewVision

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