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.

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#PlenaryUg ✅ 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

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

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

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