The Committee of Finance is to research and reconcile economic statements of the Consolidated Fund account for the yr ending 30 June 2023 and report to Parliament.
Even though chairing the Residence on Thursday, 20 July 2023, the Speaker Anita Amongst mentioned failure by some Ministries, Departments and Businesses (MDAs) to proficiently utilise their budgets is an indictment on the setting up operate at different ranges.
“If you have budgeted for Shs1 billion and have not been equipped to take in all the funds and return it to the Consolidated Fund, then you are impacting the budgeting approach. You ought to finances for what you know you will eat,” Between claimed.
She observed that National Growth Plan (NDPIII) is in its fourth 12 months of implementation and as these, resource mobilisation should really match the aspirations of nationwide developments.
“I connect with upon leaders and technocrats to make sure that efficient, efficient and economic utilisation of the accepted money is currently being completed,” Among the included.
Hon. Fredrick Angura (NRM, Tororo South County) attributed the return of unused revenue to the Consolidated Fund on late releases of the cash by the Ministry of Finance, Planning and Economic Growth.
“As Parliament, we do appropriation and pass the spending budget ahead of we know how much is likely back to the Treasury. We require to produce a fantastic knowledge on how we shall handle these cash,” explained Angura.
Hon. Solomon Silwany (NRM, Bukooli County Central) alluded to resolutions by Parliament to get motion on some under-carrying out accounting officers indicating authorities has produced a lot development on it.
Bugiri Municipality MP, Hon. Asuman Basalirwa mentioned that some MDAs obtain a lot more money than they are entitled to in the finances of a offered economic yr.
“An entity budgets for Shs15 billion but they get Shs17 billion we are asking how this will come about. To deal with this, we need to significantly seem into reforming the Public Finance Administration Act,” said Basalirwa.
The Prime Minister, Robinah Nabanjja stated the President issued a directive that the income returned to the Consolidated Fund need to be returned to the respective entries in the to start with quarter of the up coming economic calendar year.
Usuk County MP, Hon. Bosco Okiror welcomed this advancement declaring the resources can be used to to comprehensive the intended initiatives.
Ibanda County North MP, Hon. Xavier Kyooma, nevertheless, explained the statutes in area do not let for disbursement of cash returned to the Consolidated Fund, to the exact same entity.
“An entity whose cash have been swept back again cannot have these money provided to it at the start out of a new economic calendar year, until eventually invoices are elevated. They need to be elevated according to the appropriated money of the prior budget,” Kyooma claimed.
The Speaker also directed that the utilisation of the Shs1 billion disbursed to districts for maintenance of roads exterior the Uganda Nationwide Roads Authority (UNRA) jurisdiction should really be stopped.
“Before we get a report from the Committee of Physical Infrastructure on the rules for the use of this funds, it must not be made use of. The Residence should initial approve all those rules,” Amid reported.
Dispersed by APO Group on behalf of Parliament of the Republic of Uganda.
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