finance minister matia kasaija summoned budget figures
Kadaga summons Finance Minister Matia Kasaija to explain variance in the 2020/21 budget figures. PHOTO/TWITTER

Speaker of Parliament Kadaga summons Finance Minister Matia Kasaija to explain variance in the 2020/21 budget figures

The Minister of Finance, Planning and Economic Development Matia Kasaija has been summoned by Parliament of Uganda over the variance in figures in the budget.

Last week the Finance Minister Matia Kasaija read a 45.5 trillion shillings budget for the annual year of 2020/21. The parliament had approved this annual budget on April 24, 2020.

Yesterday the Ntenjeru North Mp, Amos Lugolobi raised a matter on national importance after noting a lot of inconsistencies between budget figures that were read by the minister last week and those that were passed by parliament last week. Amos is the Budget Committee Chairperson.

Lugoobi said that the Budget Committee had approved 400 billion shillings to be paid in arrears owed by the government to private sectors firms commencing July 2020 but in the Minister’s speech he said they had indicated 673 billion shillings for this process.

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The Chair Person of the Budget Committee and the Ntenjeru North MP Amos Lugolobi said that there are processes and laws followed if the government wanted to make any changes and they had to first get approval from the Parliament.

“The budget provided for shs 103billion for increased access to credit at the Uganda Development Bank to offer low-interest financing to manufacturers however in the minister’s speech, the minister gave a figure of shs 1.45 trillion which creates a big difference And variance,” Lugolobi said.

Lugolobi was supported by other members of the parliament who also wanted Lugolobi to go to the Parliament rules and privileges committee to explain himself.

finance minister matia kasaija summoned budget figures
Kadaga summons Finance Minister Matia Kasaija to explain variance in the 2020/21 budget figures. PHOTO/TWITTER

In the Speaker’s ruling Rebecca Kadaga summoned the Minister of Finance Matia Kasaija to appear on Wednesday to explain the differences in the figures on the number of items.

“The minister is required to come and explain the variances between the appropriation act and the figures he read on that day of the budget because the gist of the budget act was that the parliament of Uganda was at that time not involved in any of the budget processes and would be surprised on the day of the budget. We have been moving on very well over the years and that’s why we away sit for long hours to receive the budget analyze, process and then pass the appropriation act,” the Speaker of Parliament Rebecca Kadaga ruled on that matter.

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