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UGBUDGET19: Recap of National Budget speech 2018

Finance Minister Matia Kasaijja, will this Thursday deliver the National Budget Speech. (PHOTO/File)

KAMPALA – Mr. Matia Kasaija, the Finance Minister will Thursday June 13  present the UGX41 trillion budget at the Kampala Serena Hotel.

The Speaker of Parliament, Hon. Rebecca Kadaga shall preside over the special sitting.

The Budget Speech is the Minister of Finance’s statement of the Executive’s overall budget policy for the forthcoming year and a summary of key budget policy proposals. The Budget Speech is presented to Parliament on or before the 15th of June each year.

It typically outlines: achievements against the last financial year’s targets; the Government’s annual priority spending areas or interventions; estimated Government revenue and revenue measures; and proposals of revenue and expenditure for forthcoming year.

Budget break down for 2019/2020

1) Debt repayment 10.6 trillion

2) Works and Transport 6.4 trillion

3) Defence and Security 3.6 trillion

4) Education 3.2 trillion

5) Energy 2.9 trillion

6) Local Governments 2.8 trillion

7) Health 2.5 trillion

8) Accountability 1.9 trillion

9) Justice, Law and Order Sector 1.6 trillion

10) Agriculture 1 trillion

11) Water and Environment 1 trillion

12) Public Administration 908 billion

13) Public Sector Management 789 billion

14) Parliament 688b

15) Social Development 218 billion

16) Lands, Housing and Urban Development 193 billion

17) Tourism 175 billion

18) Trade and Industry 171 billion

19) Science and Technology 159b

20) ICT 123 billion

TOTAL 40.4 Trillion

Recap of 2018/2019 – Full speech 

Government of Uganda Budget Speech for Fiscal Year 2018-2019_1 by Javira Ssebwami on Scribd

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