THE NATIONAL BUDGET FOR FY 2015/2016 AND THE 2016 GENERAL ELECTIONS

Published by Patra K on

Published: 2016

Language: English

Pages: 52

THE NATIONAL BUDGET FOR FY 2015/2016 AND THE 2016 GENERAL ELECTIONS

In the FY 2015/16, the approved national budget by the Parliament of Uganda was UGX 23.9 trillion. This was also the first year for the full implementation of the Public Finance Management Act 2015, an omnibus law that guides the use and management of public finances in Uganda. The PFM Act 2015, having been assented to by the president on 23rd February 2016, commenced on 6th March 2016. Barely ten months after the law was in force, the Executive sought to amend the law and as such on 14th November 2015, the President assented to five amendments, a move that would affect the budget utilisation of the FY 2015/16 as the country prepared for the 2016 general elections.



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