Opposition MPS Draft Alternative Budget for FY 2022/24

By Our Reporter

Leader of Opposition Mathias Mpuuga speaking to MPs during their retreat in Entebbe

The Opposition in Parliament has adopted a new approach towards the national budget by developing a completely different alternative national budget.

The Leader of the Opposition in Parliament (LOP) Mathias Mpuuga has made the announcement while speaking to Opposition MPs during their 3 day retreat in Entebbe.

“It is our duty to deeply study the prepositions of the government and put some level of imagination and produce alternatives. The mandate is to produce alternatives but not to support, We are not supposed to clean up their mess… our job is to offer citizens a cleaner and better alternative,” he added.

The leader of Opposition Mathias Mpuuga invited Opposition MPs to play their oversight role. Under this arrangement, the shadow cabinet is going to generate priorities for the 2023-24 financial year which will form the oppositions proposal for the alternative budget, to be unveiled in April 2023.

MPs drafting the alternative budget framework paper for FY 2023/24

The next financial year budget is projected at 49.9 trillion shillings up from UGX 48.1 trillion allocated for this financial year 2022/23.

The government plans to borrow a total of 10 trillion Ugandan shillings ($3 billion) from domestic and international agencies to fund the National budget.

Late 2022, the ministry of finance warned that Uganda’s public debt rose up to shs 79 trillion. Shs 48.1 trillion is classified as external debt with 30.7 trillion in domestic debt.