Parliament to pass Budget today

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PARLIAMENT: Parliament is today expected to debate and adopt the Appropriation Bill that will inform the National Budget 20 17/18.
The House according to Mr Jacob Oulanyah the Deputy Speaker of Parliament, will convene at 10:00 o’clock and will handle both Supply and Appropriation.
“We cannot go beyond tomorrow (today) otherwise we will be in breach of the laws we have passed ourselves,” he said.
“This House will not be able to finish business if we only sit in the afternoon, and I am arguing the Front Bench to reconsider tomorrow for purposes of the deadline we have as a government and Parliament,’ he added.
The Appropriation bill contains resource allocations for every sector as well as revenue sources.
Daily Monitor could not ascertain the progress of the Budget Committee report, and all members were in a closed door session to wind up their tasks.
However, the National Budget Framework Paper adopted by Parliament last month, reconciled with a shs 28.t trillion figure, for the National Budget, out of which shs 17.4tn is earmarked for Recurrent Expenditure, while Shs11.5 trillion is for Development Expenditure.
According to the Public Finance Management Act, the Budget is supposed to the adopted by Parliament at least not later than May 31.
The law under Section 14(1) provides that, “Parliament shall, by the 31 of May of each year, consider and approve the annual budget and work plan of Government for the next financial year, the Appropriation Bill and any other bills that may be necessary to implement the annual budget.”
However, the Speaker under the subsequent provision has the discretion to extend the adoption of the Budget, ahead of both the State of the Nation Address and the National Budget Speech.
The two have since been fixed for June 6, 2017, and June 8, 2017, respectively, at the Serena International Conference Center in Kampala.
The House will also adopt recommendations of its Budget Committee on the different projections, regarding sector resource allocations.
The new Budget becomes effective on July 1, 2017in line with Section 13(5) of the Public Finance Management Act.
The 2016/17 Budget was Shs26.3 trillion, indicating a rise of close to shs 3 trillion in the next Financial Year.

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