comment
menu Home chevron_right
BusinessNews

CSOs Oppose Amendments To Public Finance Management Law

Reporter | October 11, 2015
UDN officials

Members of the civil society are up in arms against the government’s decision to amend the Public Finance Management Act that was passed into law six months ago.
The civil society Budget Advocacy Group says some of sections in the law which government considers for repealing are crucial for management of the country’s budget.
The International Monetary Fund had earlier urged government to pass the Public Finance Management law to help in management of public funds.
However, before the law is implemented, the government has returned it to parliament, calling for amendments.
According to Patrick Katabazi, a budget specialist, government should first test the law before considering any amendments.
In the proposed amendments,  government wants the requirement for a certificate of compliance, issued by Finance Minister in consultation with Equal Opportunities Commission to ensure that all the ministerial budgets respond to the needs of marginalized groups revised.

Government also wants Parliament to provide another window for supplementary budget financing instead of the contingency fund created in the law.

While the most contentious proposed amendment is for the Finance Ministry to pick money from the Central Bank without necessarily seeking prior parliamentary approval.

On Tuesday last week members of the Finance Committee chaired by Robert Ssebunya (Kyadondo North) started scrutinizing the amendments which the Equal Opportunities Committee has described as “injurious” to the spirit of all-inclusive development.

To this, however, the ministry of finance spokesperson Mr. Jim Mugunga says the budgeting process follows a holistic approach that is intended to benefit all Ugandans.

Story By Moses Ndhaye

 

Written by Reporter




This area can contain widgets, menus, shortcodes and custom content. You can manage it from the Customizer, in the Second layer section.

 

 

 

  • cover play_circle_filled

    01. The Grind with Patrick Kamara hosts Hon Dr Perez Ahabwe
    Patrick Kamara hosts Hon Dr Perez Ahabwe

  • cover play_circle_filled

    The Grind – Patrick Kamara Hosts Mpuuga

  • cover play_circle_filled

    The Grind – Patrick Kamara hosts Most Rev. Henry Luke Orombi

  • cover play_circle_filled

    The Grind – Patrick Kamara hosts Erias Lukwago

  • cover play_circle_filled

    The Grind – Kamara hosts Dr. Aisha Biyinzika Kasolo

  • cover play_circle_filled

    The Grind with Kamara hosts Eng. David Luyimbazi

  • cover play_circle_filled

    The Grind – Patrick Kamara hosts Joel Bellenson

  • cover play_circle_filled

    The Grind – Patrick Kamara hosts HON. Godfrey Kabbyanga

  • cover play_circle_filled

    The Grind – Patrick Kamara hosts Amos Wekesa

  • cover play_circle_filled

    The Grind with Patrick Kamara hosts Hon Dr. Perez Ahabwe

play_arrow skip_previous skip_next volume_down
playlist_play