Thursday, July 4, 2024
+256 414 234 143 kaysmash@kaysmash.com
LocalNews

Museveni Signs Appropriation Bill into Law After Initial Dispute with Parliament

H.E the President of Uganda Yoweri Kaguta Museveni finally assents to the Appropriation Bill, 2024

Kampala, Uganda – The President of Uganda H.E Yoweri Kaguta Museveni has signed the Appropriation Bill, 2024 into law, following a brief standoff with Parliament. The President had initially refused to assent to the Bill, which was approved by Parliament in May, due to a reallocation of over 750 billion shillings by the legislators.

It should be remembered that in a letter dated June 22 to the Speaker of Parliament, President Museveni expressed his disapproval, stating that the reallocation constituted “sabotage” and infringed on his constitutional mandate to budget for the country. He illustrated the impact of the reallocation, equivalent to aborting nine major road projects that included the Kampala-Masaka road.

“In the last four financial years, the MPs have reallocated a total of Shs 3.7 trillion. This is real sabotage. When we reconstructed Kampala-Masaka road, we used Shs 440 Billion. Therefore diverting 3.7 Trillion in four years is equivalent to aborting 9 big roads of Kampala-Masaka,” said Museveni in his letter to the speaker

However, in a statement issued by the Presidential Press Unit on Thursday evening, it was announced that President Museveni had signed the reconsidered Appropriation Bill into law on July 4, 2024, bringing the matter to a close.

This development marks a resolution to the dispute, allowing the government to proceed with its financial plans and allocations for the fiscal year.

 

 

 

Derrick Kanalo
the authorDerrick Kanalo
News Reporter/ Editor
Am a professionally trained and well skilled media personality. Accuracy is part of my top priority as a journalist.