Uganda 2011/2010 national Budget highlights

Uganda Finance Minister Maria Kiwanuka presented the 2011/2012 national budget before the parliament of Uganda on Wednesday. Here are the key highlights of the budget.

Uganda’s Economy grew by 6.3% in past financial year
Total Resource Envelope for 2011/2012 is 9,840 billion shillings of which domestic revenue 6,330 billion (71%) donor funds 2,900 billion (29%).

Priorities

i. Infrastructure Development in Roads, Railways and Energy;

ii. Enhancing agricultural production and productivity;

iii. Employment Creation, especially for the Youth, Women and in Small and Medium Enterprises; and

iv. Human Resource Development, and

v. Improving Public Service Delivery.

Increased

Levy on hides and skins doubled to $0.8 per kg from $0.4
Sh96b more for drugs
Sh24b more for maternal and reproductive care
Sh58.8b more for universal education up to A-level and Business and Vocational education
Sh44.5b for creating jobs
Sh5b for irrigation and water harvesting
Sh2b for rehabilitation of small warehouse around the country
Sh200m for preparatory work of restocking north and north east
Sh133b for commercialization of improved seeds and planting material
Sh43b for maintenance and rehab of Kla roads
Sh1,219.41b for transportRemoved
Supply of solar energy VAT exempt
Removal of VAT on ambulances
Reduce excise duty on sugar by 50%
Removal of excise duty on paraffin
Import duty on hoes down to 0% from 10%
Import duty on food supplements down to 10% from 25%
Remove import duty on pre-mixes for animal and poultry feedsCUTS ON PUBLIC EXPENDITURE
50 % cuts in advertising in budgets for ministries and agencies
30% cuts in workshop, travel, vehicle, printing and stationary, entertainment and welfare and newspapers
Freeze government vehicle purchases
Forensic audit on government salaries, wages and pensions