Government to borrow over Shs2 trillion for the Supplementary Budget

 

Government to borrow over Shs2 trillion for the Supplementary Budget

The Ministry of Finance is borrowing over 2 trillion shillings to finance part of the 3.8 trillion shillings supplementary budget before the Parliament budget committee.

A supplementary budget request of 26.3bn to settle claims of Buganda kingdom against government is part of the 3.8 trillion supplementary request before the committee.

Another 35 billion shillings has been requested for to support activities of political parties with representation in Parliament. Money is shared according to the number of MPs each party has in Parliament.

via- ntv 
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