Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank
21.7 C
Kampala
Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

Finance Ministry releases Shs7.6t gov’t expenditure for last quarter

Must read

The Ministry of Finance, Planning and Economic Development has released Shs7.687 trillion as government expenditure for the April-June period, which is the last quarter of the Financial Year 2023/24.

The Finance Ministry PS Ramathan Ggoobi said the released funds represent 30.4% of Uganda’s total budget. This brings the total release to 28.564 trillion for the Financial Year 2023/24.

Out of this money, Shs1.872 trillion is for wages and salaries across government and Shs312.291 trillion for pensions and gratuity.

Ggoobi asked accounting officers to ensure that they pay wages, salaries, pension and gratuity by the 28th of every month and also prioritise payment of service providers on time and avoid accumulation of arrears

Shs529.7 billion is for Parish Development Model (PDM) bringing the total Release for PDM to Shs1.059 trillion.

Shs239.91 billion has been released for Local Governments including Shs110.9 billion for Capitation Grants to schools to cater for Term Two.

The Uganda Road Fund has received Shs189.74 billion for road maintenance. This ensures 100% of releases to the Road Fund, that is Shs 428.757 billion.

Shs90.211 billion goes to National Medical Stores for procurement of essential drugs and medicines reflecting 100% release to the entity (Shs560.967 billion.)

Meanwhile, Parliament received Shs 156.141 Billion, Judiciary Shs31.419Billion and Auditor General Shs 19.52 billion.

Regional referral hospitals have received Shs21.322 billion each as operational funds.

The Ministry of Health has been given Shs37.067 billion; Mulago hospital got Shs11.276 billion, Butabika – Shs 2.172 billion; Uganda Cancer Institute – Shs 14.43 billion; Uganda Heart Institute – Shs3.79 billion; Uganda Blood Transfusion Services – Shs1.455 billion and Uganda Virus Research Institute – Shs1.405 billion.

The Ministry of Defense and Veteran Affairs has been given Shs312.49 billion; Uganda Police Force- Shs61.063 billion;  Uganda Prisons Services – Shs72.318 billion, and ISO and ESO – Shs52.927 billion.

Science Technology and Innovation Shs106.7 billion; UNRA- got Shs364.807 billion for road construction; MoWT – Shs146.141 billion which includes funds for SGR; Outstanding obligations under MoWE – Shs133.46 billion; and Capital expenditure under MEMD – Shs152.78 billion.

The Ministry of Agriculture, Animal Industry and Fisheries got Shs42.7 billion. Shs12.5 billion has been given to Cancer Institute; Shs2.075 billion for Heart Institute; and and Shs10.487 billion for regional Referral hospitals.

- Advertisement -

More articles

- Advertisement -

Latest article

- Advertisement -