Tag Archives: consolidated fund

Kampala, Uganda | THE INDEPENDENT | The Office of the Auditor General (OAG) has recommended that Parliament indulges the finance ministry to report unspent funds for each financial year. John Muwanga, the Auditor General, accompanied by his management team, were appearing before the finance committee on Tuesday, 15 November 2022, to …

Kampala, Uganda | THE INDEPENDENT | The Committee on Public Service and Local Government appalled by the consistent plea for Parliament’s intervention in their financing woes, have advised the local governments to seek audience with the President. The Secretary of Local Government Finance Commission (LGFC) while appearing before the committee on Thursday, …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance in charge of General Duties, Henry Musasizi, has tabled the Supplementary Appropriation (No. 4) Bill, 2021 for first reading amidst concerns from the Opposition about the utilisation of the previous requests. The bill seeks to provide for supplementary appropriation …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Natural Resources Committee have criticised the Minister of Finance, Planning and Economic Development, Matia Kasaija, for diverting the Environmental Fund from National Environmental Management Authority (NEMA) to the Consolidated Fund, saying this has crippled NEMA’s operations. MPs said the fund was …

Kampala, Uganda | THE INDEPENDENT | The National Management Authority (NEMA) and Ministry of Water and Environment have asked Parliament to prevail over the remittance of environmental levy to the Consolidated Fund. The team made the statements on Monday, 17 January 2022 as the Minister of State for Water and Environment, Aisha …

Kampala, Uganda | THE INDEPENDENT | The Ministry Finance, Planning and Economic Development says a total of 589 billion shillings was returned unspent to the Consolidated Fund by local governments at the end of financial year 2020/2021. The Public Finance Management Act, 2015 provides that all unspent balances from Ministries, Departments, …

Kampala, Uganda | THE INDEPENDENT | Holders of bank or mobile money accounts whose cash balances may be transferred to the Bank of Uganda or to the Consolidated Account, are free to recover it according to the laws. The National Payments Act, 2020 provides for the transfer of “idle money” or …

Kampala, Uganda | THE INDEPENDENT | Parliament has reversed the decision by the government that required local governments to remit all their revenue to the consolidated fund. Although local governments used to collect revenue and utilize it at source, the government through the Ministry of Finance came up with a decision …

Kampala, Uganda | THE INDEPENDENT | Headteachers in government-aided learning institutions are up in arms over the decision by the Ministry of Finance asking them to return funds they had received for the second term in the fourth quarter of the 2019/2020 financial year. On July 22, Keith Muhakanizi, the …

  Kampala, Uganda | THE INDEPENDENT | Clauses in electoral bills presented to Parliament by Ndorwa East MP Wilfred Niwagaba attract a huge financial implication on the consolidated fund, far above what the government can provide. This is according to State Minister for Planning David Bahati, speaking in defence of the failure …