NationalNews

Ministry Of Finance Releases Money for April-June Quarter

By Our Reporter

 

NATIONAL

 

The Ministry of Finance, Planning and Economic Development has released money for the last quarter covering April to June 2024. This was revealed by Permanent Secretary/Secretary to Treasury,  Ramathan Ggoobi on Thursday, 11th April, 2024.

 

According to the Permanent Secretary/Secretary to Treasury,  Ramathan Ggoobi, Shs7.687 Trillion has been released representing 30.4% of Uganda’s total budget has been released.

 

This will bring the total Release to 28.564 Trillion for Financial Year 2023/24.

 

Out of this money, Shs1.872 Trillion is for Wages and Salaries across government and Shs312.291 Trillion for Pensions and Gratuity.

 

Shs529.7 Billion is for Parish Development Model (PDM) bringing the total Release for PDM to Shs1.059 Trillion.

 

Shs239.91 Billion has been released for Local Governments including Shs110.9Billion for Capitation Grants to schools to cater for Term Two.

 

The Uganda Road Fund has received Shs189.74Billion for road maintenance.

 

Shs90.211 Billion goes to National Medical Stores for procurement of essential drugs and medicines reflecting 100% Release to the entity (Shs560.967Billion.)

 

Meanwhile, Parliament received Shs156.141Billion, Judiciary Shs31.419Billion and Auditor General Shs19.52billion.

 

Regional Hospitals have received Shs21.322Billion each as operational funds.

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