back to top
HomeBusinessMPs Block UGX490Bn Budget For Poverty Eradication Countrywide

MPs Block UGX490Bn Budget For Poverty Eradication Countrywide

Published on

- Advertisement -spot_img

Members of parliament on the budget committee has blocked a proposed Shs490bn budget requested by the Ministry of finance to eradicate poverty among households at the parish level across the country.

Appearing before the committee, Finance minister, Matia Kassaija said the money is needed to promote inclusive and sustainable growth through effective implementation of the parish model.

He said that this will enable the transformation of 68% of the households that are still engaged in subsistence agriculture to commercialisation and result in an increase in income for rural communities.

However, the request was not welcomed by most MPs who demanded for explanation on where the money is going to come from, how many households are in each parish and how they will access this money.

The finance minister and his team have been asked to return before the committee on Thursday this week over the same.

Related

Regional Stanbic Banks Host Talks On Unlocking EAC Domestic Capital For Infrastructure

Unlocking domestic capital to drive infrastructure development across the East African Community (EAC) is...

Gov’t Hails Stanbic Bank For Revolutionizing the Money Remittances Sector

The Government of Uganda has commended Stanbic Bank for its pioneering efforts in transforming...

Just Deposit and Win Cash: Stanbic Bank Rewards KyaDouble With Supa Dupa Campaign Winners

Stanbic Bank has announced the first batch of winners in its ongoing Kya Double...

Mukono Residents Demand Accountability From Hon. Nsibwa Fred Kagwa Over Theatre Construction Funds At Nakifuma Health Centre III

Mukono residents are demanding accountability from Hon. Nsibwa Fred Kagwa, the Member of Parliament...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Minister Kasolo In Hot Soup Over Alleged Orungo Voter Attacks Accused Of Orchestrating Violence Fo Intimidate Opponents in NRM Primaries

A political storm is brewing in Orungo sub-county after shocking allegations emerged linking Uganda’s...

Uganda Adopts Kiswahili As Official Language

Uganda has adopted Kiswahili as an official language, a top government official said on...