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Home Breaking News

E-CONCERT: Shs7.7bn for Online Music Shows Included on Supplementary Budget Request

by Pearl Times Reporter
November 10, 2021
E-CONCERT: Shs7.7bn for Online Music Shows Included on Supplementary Budget Request

A recently held concert

MPs on the Committee on Budget are scrutinising a Shs3.8 trillion supplementary budget, which includes money for e-concerts.

Up to Shs1.3 trillion of the supplementary request is already spent within the limit allowed by the Public Finance Management Act.

Section 25(1) of the Public Finance Management Act allows accounting officers, subject to the approval of the Permanent Secretary/Secretary to Treasury to spend up to an additional three per cent more of the appropriations made to it without prior approval by Parliament.

Those over and above three per cent and requiring prior approval by Parliament includes a request for Shs11.4 billion to ‘meet the outstanding PAYE and Withholding Tax for the Commission of Inquiry into Land matters.’

State House needs Shs272 billion to fund Kiira Motors with Shs104 billion for classified expenditure.

In Office of the Prime Minister, Shs176 billion is earmarked for external financing for the World Bank for the Development Response to Displacement Impact Project (DRDIP) for refugee schools, hospitals, roads and bridges in 15 districts.

The Defense Ministry requires Shs146 billion out of which Shs131 billion to cater for shortfalls on wage, pension, medical expenses, food, clothing, machinery, residential buildings and the National Housing Corporation, with Shs15 billion going to classified expenditure.

Political parties represented in Parliament will bag Shs35 billion if the request is given a green light by the Legislature.

Ministry of Gender, Labour and Social Development wants Shs10.7 billion, musicians will get Shs7.7 billion as support to host e-concerts.

Shs3 billion will be dedicated to mounting a mindset-change campaign in readiness for the rollout of the parish model initiative.

Uganda Police Force is in need of Shs60.1 billion to fingerprint guns as directed by President Museveni in 2018, and some for classified expenditure.

Additional Reporting: Courtesy

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