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Finance Minister, Matia Kasaija will in June read Shs45 trillion budget for 2021/22 Financial Year. He revealed this while presenting the proposed budget before Parliament’s Budget Committee.
According to him, governance and security sector will take the highest share with Shs7.7 trillion.
These will be followed by human capital development with Shs6.8 trillion , integrated transport infrastructure and services will take share Shs3.9 trillion, agro- industrialization will take Shs1.4 trillion while regional development will share Shs1.2 trillion.
Kasaija says domestic refinancing will take Shs8.5 trillion, interest and amortization will take Shs6.7 trillion .
Kasaija however clarified that next financial year, Government plans to promote inclusive and sustainable growth, accelerate industrialization, and maintain peace and security in addition to promoting human capital development.
“In the next financial year’s budget, Government plans to invest Shs490bn to promote the parish model in which the government plans to spend Shs39m at every parish to promote inclusive and sustainable growth,” Kasaijja stressed.
According to the Finance Minister, they have decided to bring together all the current funds for development like the youth livelihood fund, the women entrepreneurship program among others to the parish level which will help transform farmers from subsistence to commercial production.
MPs were however not satisfied with the proposed Parish model wondering whether they have not just changed names which made minister Kasaija to ask to be given until Thursday to bring details on how the new model will work.
Check also;
- Parliament Stops Passing Of UGX-291Billion Supplementary Budget
- MPS Approved Shs 32 Trillion for 2018/2019 Budget
- Jennifer Musisi Spoke Out About The KCCA Budget Cuts
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
