Uganda’s Domestic Debt Shoots Up
By Samuel Ssebuliba
The Auditor General has released a new audit report for the financial year 2015/16 indicating Uganda’s skyrocketing domestic debt.
While handing over the report to the Speaker Rebecca Kadaga, the Auditor General John Muwanga said Uganda’s domestic debt had increased by Shs 446 billion from Shs11.6 trillion by June 2016 to slightly over Shs12 trillion.
The report further shows that Shs168 billion was spent on items which do not reflect the nature of expenditure.
The Auditor General’s analysis of the government payroll revealed that Shs11.3 billion was paid irregularly by accounting officers in local government authorities through over payments, wrong salaries payments and unsupported pension payments.
However Muwanga says although they are trying to weed out corrupt officials, the task has become more complex due to syndicated tactics deployed by perpetrators.
