The Secretary to Treasury, Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi (pictured) has issued the first budget call circular, indicating that the preliminary resource envelope for FY 2022/2023 is Shs.42.980Trn.
According to the Ministry of Finance, Government will implement budget cuts on travels both locally and internally to raise over Shs370.3bn to finance other activities in the budget.
“To meet the reduction in resource envelope,a cut has been instituted on travel abroad,workshops & seminars across all MDA’s to raise Shs.203.4bn and one- off expenditures have been removed from the budget to raise Shs.370.3bn,” the statement reads in part.
The Ministry revealed that the Budget Framework Paper for FY 2022/23 will be prepared in context of programmatic planning approach & full alignment of budget to NDP III.
Government reveals that in the next financial year, there will be some new cities that will come into operationalisation and these will join new cities like; Masaka, Mbale, Arua, Mbarara, Hoima and Fort Portal that came into effect in 2020/2021.
The Budget call circular highlights that, “In FY 2022/23,the last five of the new cities will be operationalized and they include: Moroto, Nakasongola, Entebbe, Kabale and Wakiso.Operationalization of newly created sub-counties and town councils remains halted until resources are available.”
– businessfocus.co.ug
