The Permanent Secretary and Secretary to the Treasury, Ministry of Finance, Ramathan Ggoobi has attributed the poor performance of the national budget to politicians.<\/p>\n\n\n\n
This, after the Auditor General\u2019s report financial year ended 2022\/23 that revealed that the Ministry of Finance continues to issue warrants of payments against the actual funds released putting the government in endless cumulative arrears.<\/p>\n\n\n\n
Ggoobi spurred with members of the Parliamentary Public Accounts Committee (PAC)-Central Government chaired by Butambala County MP, Muhammad Muwanga Kivumbi, and said that failure to meet the committed warrants is caused by the unforeseen financial projection changes and sadden altering of the budget framework paper by policy makers.<\/p>\n\n\n\n
According to the Auditor General\u2019s report the Ministry of Finance approved a budget of 52.5 trillion shillings, of which 49.2 trillion shillings was committed to be released but on realization of revenue, only 43 trillion shillings was released to government agencies and entities, leaving a deficit of 5.8 trillion shillings that put government into arrears.<\/p>\n\n\n\n
The committee members shot back and said that the ministry should take responsibility for failure to meet budgetary targets because politicians do not project revenues and warrants to be released to agencies for expenditure .<\/p>\n\n\n\n
Editor;msserwanga@gmail.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The Permanent Secretary and Secretary to the Treasury, Ministry of Finance, Ramathan Ggoobi has attributed the poor performance of the<\/p>\n","protected":false},"author":1,"featured_media":11745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[386],"tags":[],"class_list":["post-11744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2024\/03\/OIP-1.jpg","jetpack-related-posts":[{"id":12426,"url":"https:\/\/prowebinhost.com\/anzu\/ministry-of-finance-to-cut-wasteful-government-expenditures-and-unnecessary-international-travel-st-ggoobi\/","url_meta":{"origin":11744,"position":0},"title":"Ministry Of Finance To Cut Wasteful Government Expenditures And Unnecessary International Travel-ST Ggoobi","author":"UgandaUpdate","date":"July 18, 2024","format":false,"excerpt":"Ramathan Ggoobi, Permanent Secretary of the Ministry of Finance, unveiled bold fiscal reforms to slash wasteful spending. 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