Finance Minister to present 2019/2020 Financial Budget this afternoon
The minister of finance, planning and economic development Hon. Matia Kasaija will this afternoon present the 2019/2020 financial year Uganda Shillings 40.4 trillion national budget. This has risen from the 32 trillion from 2018.
Dignitaries have already arrived at the Kampala Serena hotel for the budget reading. The chief guest, President Yoweri Museveni is yet to arrive at the venue.
Today's budget will be delivered at the meeting of the 4th Session of the 10th.
Parliament of Uganda at the Kampala Serena International Conference Centre.
19.6 trillion to be generated internally by the Uganda revenue authority. This is how the budget has been allocated.
Debt repayment 10.6 trillion, Works and Transport 6.4 trillion, Defence and Security 3.6 trillion, Education 3.2 trillion, Energy 2.9 trillion, Local Governments 2.8 trillion, Health 2.5 trillion, Accountability 1.9 trillion, Justice, Law and Order Sector 1.6 trillion, Agriculture 1 trillion, Water and Environment 1 trillion, Public Administration 908b, Public Sector Management 789b, Parliament 688b, Social Development 218b, Lands, Housing and Urban Development 193b, Tourism 175b, Trade and Industry 171b, Science and Technology 159b while ICT takes 123 billion.