HomePARLIAMENTGovernment t Defends Prioritizing Security in 2023/2024 National Budget

Government t Defends Prioritizing Security in 2023/2024 National Budget

Jimmy Muhumuza 

Parliament 

The Ministry of Finance, Planning, and Economic Development has defended the decision to prioritize the funding of the security and governance sector in the coming 2023/2024 national budget 

This followed a concern raised by some lawmakers like Muwanga Kivumbi (Butamblala County) wondering why the security budget has remained unchanged yet the Shs16Trn funds to procure classified security equipment have been retired. 

He said, “Three or four years ago, we were taken to the hotel by the Minister of Planning and we were told that and requested us to okay the continued defense expenditure annually of Shs1Trn for the acquisition of a special defense equipment which was classified and you know the total over the course of the years has been Shs16Trn. I want the Minister to tell us, what has happened? You told us the defense budget would reduce; now we have overrun it, yet you have exterminated it, but you are increasing the security budget.” 

However, Ramathan Ggoobi, Secretary to Treasury pointed out that the Medium Term Expenditure Framework that highlights budget projections indicates that in the coming years, the security budget is going to be reduced following the completion of the controversial classified project. 

“It actually shows you that it is reducing because it is going to reduce from Shs7.16Trn to Shs6.8Trn so there is a reduction of that amount and it is because of that project you are talking about. It is being scaled down and the details will be given to you,” said Ggoobi. 

Ministry of Finance officials led by Minister Henry Musasizi and Ramathan Ggoobi,

While appearing before Parliament’s Budget Committee to present the 2023/2024 National Budget Framework Paper, Henry Musasizi, State Minister of Finance for General Duties revealed that in the coming years, several priorities have been set including Peace and Security, maintenance of both tarmac and marram roads, construction of power sub-stations and transmission lines, and rehabilitation of the Meter Gauge Railway and Development of the Standard Gauge Railway. 

More focus will be put on irrigation with particular focus on the small-scale solar-powered irrigation under the Agro-Industrialization Program, Support to Medical Schools and Science Based Research and Development as well as Enhancing support to the Parish Development Model and Emyooga under Private Sector Development.

The Budget Estimate for FY 2023/2024 is Shs49.988 Trillion compared to Shs48.131 Trillion.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments