Parliament has been asked to accelerate the process of amending the Parliamentary Elections Act to incorporate in the element of regulating electoral financing.

According to the executive director Alliance for Finance Monitoring Henry Muguzi, much as the current regal regime bans voter bribery, it does not put a cap on the amount of money to be used in campaigns.

He said the new amendments will enforce disclosure of money used in campaigns, introduce spending caps to all candidates as well as introducing a political finance regulator.

Muguzi added that the amendments are set to be introduced under a private members bill arrangement and over 40 members of Parliament have so far offered to foot this bill.

 Available statistics show that in the last Presidential and Parliamentary elections, Shs 2.4 trillion were used in campaigns.

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