GOV’T TABLES BILLS FOR RATIONALIZATION OF GOV’T AGENCIES

Government has finally tabled the respective bills intending to streamline various government agencies eliminate wasteful expenditure. This follows government revisiting the resource envelope and expenditure for the financial year 2024/2025 from 52.723 trillion to 53.336 trillion. Minister of state for Finance Henry Musaasizi attributes the upward shift in the resource envelope to interventions including statutory obligations like UGIFT, Pension and gratuity Funds. Recently, the MPs criticized government for not offering sufficient support to the Uganda Intergovernmental Fiscal Transfer UGIFT Programme.