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Parliament of Uganda
The Parliament of Uganda derives its mandate and functions from the 1995 Constitution, the Laws of Uganda and its own Rules of Procedure.
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Parliament of Uganda Feb 11
adjourned to Wednesday, 12 February 2020 at 2pm.
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Parliament of Uganda Feb 11
Replying to @Parliament_Ug
World Bank plans to construct two roads and a modern Market in Kamuli Municipality through USMID project.She noted that once road and market construction is complete, farmers in Busoga region will enjoy a better market for their produce.
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Parliament of Uganda Feb 11
Speaker has commended World Bank for extending its municipality based grant (USMID) from 14 to 22 municipalities in Uganda, saying this is timely owing to the more municipalities created. Kadaga earlier visited the proposed projects in Kamuli municipality.
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Parliament of Uganda Feb 11
Nsereko: I call upon members to reject this loan & protect the interest of Ugandans. It kills the regulatory principal. The tax base is narrowing because govt is borrowing from commercial banks & the business community cannot. We are killing our private sector
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Parliament of Uganda Feb 11
Hon Nsereko: The interest rate on this loan is 4.5 per cent meaning Ugandans will fork out shs58 billion per annum in interest and shs28 billion for arrangement fees. We cannot join the negotiators in accepting this loan.
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Parliament of Uganda Feb 11
Syda Bbumba: The committee recommends that Gov't should develop strategies of reducing the cost of public expenditure. In addition,Gov't should halt the creation of new administrative units that increase pressure on the meager resources reducing on the fiscal space
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Parliament of Uganda Feb 11
Replying to @Parliament_Ug
...and discrimination towards some tax payers especially importers, as some have been assessed to pay taxes that are more than double the amount spent on the cost, insurance and freight of the imports.
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Parliament of Uganda Feb 11
Syda Bbumba: Taxes tend to focus on the small formal sector that is heavily taxed and yet high taxes do not necessarily imply higher tax revenues. The mode of administration has been associated with unfair taxation...
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Parliament of Uganda Feb 11
Syda Bbumba: The draft financing terms for and Trade Development Bank (formerly PTA) were submitted in compliance with the Parliamentary Approval Guidelines for the loan requests.
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Parliament of Uganda Feb 11
Replying to @Parliament_Ug
...counterpart funding obligations for projects; and emergencies. The loan request is based on the expected revenue performance for the Financial Year and non-receipt of the World Bank budget support loan.
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Parliament of Uganda Feb 11
Syda Bbumba: Despite the approved supplementary expenditures by the Minister, the loan request indicates that the FY 2019/20 Budget has additional expenditure pressures amounting to shs1,432.20 billion for security/classified expenditure; wage shortfalls...
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Parliament of Uganda Feb 11
Syda Bbumba: The Committee was informed that to facilitate budget execution for half year FY 2019/20 Gov't received some budget support grants, acquired an advance from and borrowed from the domestic market in line with the approved fiscal framework.
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Parliament of Uganda Feb 11
Replying to @Parliament_Ug
...By end of November 2019, the collections had increased to shs6,910.8 billion against a target of shs7,592.3 billion registering a deficit of shs681.76 billion.
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Parliament of Uganda Feb 11
Syda Bbumba: With regard to performance, for the period July to October 2019, overall revenue collections amounted to shs5,467.78 billion against a target of shs6,071.47 billion creating a deficit of shs603.69 billion...
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Parliament of Uganda Feb 11
Next is a request by gov't to borrow Euro 300 million from and Euro 300 Million from Trade Development Bank to finance the Budget Deficit for financial year 2019/20. The Report of the Committee on National Economy is being presented by Hon Syda Bbumba
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Parliament of Uganda Feb 11
Replying to @Parliament_Ug
The object of the Bill is to repeal the Markets Act Cap 94 of 1942, to provide for the establishment, ownership and management of markets in Uganda, to make provision for the Market Management Committee; and for related matters.
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Parliament of Uganda Feb 11
Workers MP, Hon Margaret Rwabushaija is seeking leave of Parliament to introduce a Private Members’ Bill entitled ‘the Establishment and Management of Markets Bill, 2019.
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Parliament of Uganda Feb 11
.: We are demanding that the Prime Minister comes and addresses the country on this matter tomorrow. We need answers about this issue. These people are starving.
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Parliament of Uganda Feb 11
The Speaker says that government should provide for the needs of the students in China before coming with a statement on what will be done in regard to evacuation. "Can you assure us that they will have food, water and masks?"
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Parliament of Uganda Feb 11
Hon Mohammed Nsereko: We need to charter a plane like other countries have done and we bring our children back home. We can then assess them, maybe for two weeks. Embassies and gov'ts needs to help their own people; if we don't do it now, then when?
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