In April,2019 the government of Uganda moved to push US$320 million (Approx.Shs1.2 trillion) worth of supplementary budgets through parliament. Eyalama can exclusively report . The money was meant to be passed urgently before financial year 2018/19 closed in June 2019.
Source familiar with the details of the government move say the supplementary budgets were expected as has become the norm before an election year. However, the size and components of the supplementary budgets raised eyebrows.
The anticipated $320 million was about 5% of the Shs32.7 trillion total resource envelope for FY2018/19. It was bigger than the budgets of most ministries.
Part of this money, Eyalama understands, was $100 million (Approx.Shs370 billion) extra that President Yoweri Museveni directed the Finance Ministry to allocate towards the defence budget.
Uganda
This means that instead of the usual supplementary budgets that many saw as part of Museveni’s pre-election planning which includes building a financial war chest for the 2021 elections, the portion for Defence could be part of preparations in case of a war with Rwanda which has since closed its border with Uganda.
Now Eyalama exclusively reports that in December last year, top UPDF brass, headed by one of the top Generals, travelled to Russia to negotiate the procurement of Russian…
Kenya
Log In Register
Enjoy 200% Bonus when you Register with Melbet Promocode: eyalama10
Download Our News App Here
