Uganda’s economy has grown by 6% over the last two years

As the minister of finance and economic development Matia Kasaija presents the 4.5 trillion shilling national budget on Thursday 13th June, Ugandans have been assured that there are no new taxes.

The chairperson of the finance committee of parliament Henry Musasizi noted that parliament only introduced administrative measures with the aim of improving efficiency with in tax administration. “Measures are aimed at bringing down the taxes and we have actually terminated withholding tax of 1%on agricultural inputs.” Musasizi added.

However a member of the budget committee of parliament also Butambala county MP Muwanga kivumbi say that the 2019/2020 budget which is due to be read tomorrow by finance minister Matia kasaija will have an effect on some livelihoods because of the manner in which it was processed in parliament.

The 2019/2020 financial year budget was passed by parliament without debate on the budget committee report.

Muwanga say that by the deputy speaker Jacob oulanyah denying MPs opportunity to debate and make changes in allocation of the money Some sectors will be affected

The mp specifically singled out the youth livelihood fund and NAADS money which cabinet has shifted to state house. Muwanga say if MPS were allowed to debate,they would have rejected such a proposal to shift the Money.

The mo also say that Parliament had rejected the move to increase the salaries for only science teachers but because the matter was not debated on while passing the budget, art teachers will miss out.

The 2019/2020budget of 405 trillion shillings will increase by 8 trillion shillings from the 2018/2019 financial year budget of
32.7 trillion.

Some of the least funded sectors are Tourism,ICT,trade and industry ,science and technology, lands and housing and social development.

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