The Ministry of Finance has issued a cautionary statement indicating that government emoluments and various salary commitments could be impacted as Uganda maintains its stance on the the recently passed law.
This is despite the World Bank’s appeals for the country to repeal the law.
During a presentation to the Finance Committee of Parliament, Henry Musasizi, the Minister of State for Finance, disclosed that the government plans to adjust the national budget due to the World Bank’s decision to suspend funding for Uganda after the enactment of the Act in 2023.
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Musasizi stated, “The remuneration of public officials will encounter disruptions, and we will be seeking your endorsement on the strategies to address the ongoing challenges.”
He further explained, “We deliberately made a resolute choice, understanding that we must face the resulting repercussions. We are in the process of revisiting the budget, and in the near future, we will be seeking your assistance.”
In response, Amos Kankunda, the committee’s chairman, affirmed that the nation is prepared for the upcoming phase of difficulties and does not regret passing the legislation.
He remarked, “It’s common knowledge that we’ve experienced funding suspension from the World Bank due to our national stance on the recently passed law.
Despite this, we stand by our decision and believe we are headed in the right direction.”
Kankunda added, “As a committee, we acknowledge our responsibility, mainly centered on the budget’s supply side. We are committed to collaborating with the Ministry to raise adequate funds and efficiently manage our resources, ensuring the nation’s progress.”
Asuman Basalirwa, the initiator of the bill that led to the law, also urged the government to stand firm, highlighting that the World Bank’s influence on survival is not exclusive.
He expressed confidence, saying, “We will overcome with the help of God.” Basalirwa emphasized that it’s time for Uganda to seek support from other allies.