Human Capital Development takes lions’ share after the 2021 National Budget revision to Shs 44.7 trillion

The 2021/2022 financial year National budget exclusive of the National Development Plan III strategies

The 2021/2022 Financial year National Budget amendment skyrocketed from the initial by Shs 41.2 trillion to Shs 44.7 trillion. Following the amendment, human capital development had the greatest allocation which stands at Shs 7.7 trillion, and governance and security cut in closely at Shs 6.9 trillion.

Intially, governance and security had topped the table but it’s declined was instigated by a Shs 750 billion reduction since Judiciary and Legislature were excluded from it..

According to Mr Kenneth Mugambe, the acting director of budget, Ministry of Finance was due to increament was partly influenced by the addition of Shs 500 billion directed toward the Covid-19 vaccine.

“The money for Covid-19 had not been factored in the previous Budget. By the time we tabled the first Budget on April 1, the Covid-19 vaccine discussions were still underway. Now the government says we should buy our own vaccines,” Mr Mugambe said.

This follows an outburst by legislators last week when Minister of Finance Matia Kasaija present the initial Shs 41.2 trillion budget which they discredited for failing to match up to National Development Plan III expectations.

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