Budget to focus on increasing household income
Jun 13, 2006
The Budget is to focus more on projects aimed at eradicating poverty by increasing household income as promised by President Yoweri Museveni in his campaign manifesto.
By Mary Karugaba
The Budget is to focus more on projects aimed at eradicating poverty by increasing household income as promised by President Yoweri Museveni in his campaign manifesto.
According to the National Budget Framework paper for the 2006/07 financial year, 20 million Ugandans in about four million households live in rural areas where 98% of the population depends on agriculture.
While defending ministries’ allocations to the finance committee in April, finance minister Dr. Ezra Suruma (above) regretted that most of the funds had not been reaching intended beneficiaries at the grassroots, but were dissolving at the top.
Suruma said the finance ministry had devised new means of ensuring that the funds reach the grassroots. This was after complaints that most of the funds allocated to ministries were not reaching the beneficiaries in rural areas.
Citing the agriculture ministry where most of the people are, the minister said the Government would stop increasing the ministries’ budgets and channel the funds directly to community development projects.
The paper said the main thrust of the Government’s policy since 2001 is to increase household incomes through a Rural Development Strategy announced in the 2005/06 Budget.
Suruma said the economic vision of the Government is for every household in Uganda to have the means to earn minimum income for basic human needs like food, shelter, clothing, health services and education.
Ends
The Budget is to focus more on projects aimed at eradicating poverty by increasing household income as promised by President Yoweri Museveni in his campaign manifesto.
According to the National Budget Framework paper for the 2006/07 financial year, 20 million Ugandans in about four million households live in rural areas where 98% of the population depends on agriculture.
While defending ministries’ allocations to the finance committee in April, finance minister Dr. Ezra Suruma (above) regretted that most of the funds had not been reaching intended beneficiaries at the grassroots, but were dissolving at the top.
Suruma said the finance ministry had devised new means of ensuring that the funds reach the grassroots. This was after complaints that most of the funds allocated to ministries were not reaching the beneficiaries in rural areas.
Citing the agriculture ministry where most of the people are, the minister said the Government would stop increasing the ministries’ budgets and channel the funds directly to community development projects.
The paper said the main thrust of the Government’s policy since 2001 is to increase household incomes through a Rural Development Strategy announced in the 2005/06 Budget.
Suruma said the economic vision of the Government is for every household in Uganda to have the means to earn minimum income for basic human needs like food, shelter, clothing, health services and education.
Ends