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Home News

Budget allocations must be reviewed

Reporter by Reporter
May 12, 2014
in News
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Ms Kiwanuka delivering the 2012/13 Budget. The minister is this afternoon expected to read the 2013/14 Budget is believed to have been derived from tough decisions as the government seeks to plug a huge deficit gap. PHOTO BY GEOFFREY SSERUYANGE.

Ms Kiwanuka delivering the 2012/13 Budget. The minister is this afternoon expected to read the 2013/14 Budget is believed to have been derived from tough decisions as the government seeks to plug a huge deficit gap. PHOTO BY GEOFFREY SSERUYANGE.

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Minister Maria Kiwanuka

Government should review its budgetary allocations to projects that have out lived their success.

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An economic expert from the ministry of finance Fred Muhumuza says such projects have oversubscribed the budget leaving fewer resources for other essential sectors.

Muhumuza says projects like extension of agricultural staff to every sub county should be reviewed because they have failed to produce returns on investment.

This comes as the country prepares for the reading of the national budget for the financial year 2014/2015 slated for next month.

Reporter

Reporter

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