The Minister of Finance clarifies the Issues raised by Chairperson Budget Committee regarding the variance between Approved Budget Estimates & Budget Speech for FY 2020/21.
The Minister while presenting a statement before Parliament the figures presented during the budget Speech were consolidation of all the funding for the COVID-19 economic stimulus package.
“The figures which he pronounced in the Budget2020 were a consolidation of all the funding for the COVID-19 economic stimulus package including what was appropriated by Parliament and the additional resources secured after appropriation for which we will seek Parliamentary approval at an appropriate time.”
Hon. Matia Kasaija reminded Members that while presenting the Budget Speech, he had indicated that he would review the Budget to take care of the measures to mitigate COVID-19 impact on the Economy.
” I would like to reiterate that while presenting the Budget 2020, I clearly indicated that at the later time I will review the Budget to take care of the measures to mitigate COVID-19 impact on the Economy as pronounced by the President while presenting the State of the Nation Address.” said Hon. Matia.
Hon. Amos the Chairperson of the Budget Committee, however, insisted that the move by the Minister of Finance to present a different budget, from that which was approved by Parliament was wrong and offended the Constitution. He demanded for an appology from the Minister.
