Oyam District present a draft budget of 47.6 billion for FY 2023/24

1 April 2023, 12:40 pm

Ambrose Okai

Oyam district has presented a budget of UGX. 47.6 billion for the financial year 2023/2024. The new budget estimates are less than the current financial year budget of UGX. 52.3billion.

In the proposed budget estimates for the next financial year, education takes a lion share with 25.03 Billion Shillings, followed by Health with 11.2 billion shillings and administration with 3.7 Billion Shillings. Trade and Audit department are the least funded among the district priorities with 69.02 and 64.97 Million Shillings respectively.

Brain Jatim Ogutu, the Secretary for Finance, Planning, Administration and Investment says that the new budget estimates are subject to changes as the district expects more Indicative Planning Figures- IPFS from the Ministry of Finance.

He added that the new budget, when approved in May, is expected to facilitate critical ingredients for the development of the district which is the Human Resource, Roads, water and livelihood improvement among other interventions.
Oguti says that the new IPFS are Administration among others. He, however, expects new changes in the IPFS.

The district councils are required by law, to lay their budgets by March 30 every year and approval of the same by May 31 as per the revised government regulations through the Ministry of Finance, Planning and Economic Development.

END