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Mar 1 • 5 tweets • 3 min read
Hon.@GenWamala the Minister of @MoWT_Uganda is presenting a Statement on the Status of National Roads.
#PlenaryUg
▶️ Follow the link for the Statement parliamentwatch.ug/wp-content/upl…
Due to the long rainy season experienced in the country since August last year to date, the condition of the national roads continues to deteriorate and the kilometers of the paved and unpaved network in fair and poor condition is likely to increase significantly which in turn
.......will affect the support to the PDM program especially Pillar No. 2.
#PlenaryUg
UNRA is currently carrying out periodic maintenance of two (02) paved national roads covering a total length of 93 km with a funding commitment of at least UGX 113 Billion over the next two years. The roads are at different progress of implementation.
#PlenaryUg
A total of thirteen (13) projects covering a length of 720.8 Km have committed financing from Development partners which will require counterpart funding for land acquisition from the Government.
#PlenaryUg

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More from @pwatchug

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Mar 2
Yesterday, Hon.@hon_mpaka the Chairperson of the Select Committee investigating the state of affairs on @nssfug presented the committee report to the house, and here are the recommendations.

Thread
#PlenaryUg Image
✅ The @nssfug Management (Mr.@rpbyaru ,Patrick Ayota, Steven Mwanje & Barbra Teddy Arimi) that participated in the initiation of Ugx 1.8 Billion budget for donations step aside with immediate effect to allow investigations by IGG.
#PlenaryUg
✅ That Hon.@BettyAmongiMP resigns in public interest with immediate effect for her actions in directing that Ugx 6 Billion be sent to her Ministry.
#PlenaryUg
Read 13 tweets
Parliament Watch Profile picture
Mar 1
In the next Financial year 2023 /24, National Roads have been allocated a budget of Ugx 595 billion for development, rehabilitation, and Iand acquisition by the Integrated Transport Infrastructure Services (ITIS) program.
#PlenaryUg
Based on the current contractual commitments, even if the budget for FY 2022/23 is fully released, it is projected that there will be a debt of approximately Ugx 300 billion by the end of this Financial year which will be carried forward to FY 2O23/24.
#PlenaryUg
This debt takes first priority on the budget & is included in the required resource for the next Financial year. This means no allocation has been made towards works to be executed in FY 2023/24 and neither can new rehabilitation and periodic maintenance projects be commenced.
Read 4 tweets
Parliament Watch Profile picture
Feb 28
Hon. Keefa Kiwanuka has presented the Report on the Micro Finance Deposit-Taking Institutions (Amendment) Bill 2022.

▶️Attached is the report parliamentwatch.ug/wp-content/upl…
The Committee observed that commercial banks have higher capital and equity requirements for licensing as to justify the use of the word "bank", as compared to MDIs.
#PlenaryUg
The Financial Institutions (Revision of Minimum Capital Requirements) Instrument, S.I No. 30 of 2022 set the minimum capital requirements for financial institutions at Shs 150bn and for the MDIs at Shs 1Obn.
#PlenaryUg
Read 6 tweets

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