Opposition, Bahati clash over budget




The 2015/2015 financial year budget has shot up to 24 Trillion Shillings from Shillings 18 Trillion.

Yesterday afternoon, government tabled an addendum to the Budget amounting to Shillings 6 Trillion.

While presenting the proposal before parliament, David Bahati, the state Finance minister said the increment is meant to clear about 4.7 trillion in domestic arrears.

He said the request shouldn’t cause alarm adding that government will raise the money through expanding the tax base.

Bahati said government will propose new taxes on license fees to finance the increase.

This didn’t go down well with opposition legislators who vowed to block the budget increment.

Geoffrey Ekanya, the Shadow Finance Minister questioned the timing of the increment warning that taxpayers may have to dig deeper into their pockets to furnish the budget.

He was supported by Nathan Nandala Mafabi, the Budadiri West MP who said the economy may suffer a setback just like the case in the 2011 post elections, which saw inflation soar to unprecedented levels.

However, the Minister of Defense Dr. Crispus Kiyonga dispelled speculation by the opposition that the funds will be used for electioneering.

The Deputy Speaker, Jacob Oulanyah referred the matter to the Budget committee for further scrutiny.

Parliament is expected to pass the Budget by the 31st May, 2015.


Theinsider Uganda is a news publishing website. We are located at Suite G25 Metroplex Shopping mall, Naalya Kampala Uganda.
Enter ad code here

Copyright © 2016 Theinsider Uganda. Unearthing the truth

To Top