The representatives of Uganda to the East African Legislative Assembly have hailed the budget for the East African Community for the financial year 2010/2011 saying it is sustainable and better than that
of the previous financial year 2009/2010.
This comes hardly a week after the budget speech for the community was delivered to the East African Legislative Assembly on 27th May 2010 by the Chairperson of the Council of Ministers of the East African
Community, Diodorus Buberwa Kamala under the theme “Operationalizing the common market and laying the foundation for a monetary union”
A representative of Uganda on the assembly Lydia Wanyoto Mutende has told journalists at Parliament that she is glad that the budget for the financial year 2010/2011 critically deals with many of the aspects
that the assembly had suggested that the budget deals with.
Wanyoto says for instance the budget closely deals with aspects that concern the employment of the youth and women entrepreneurs unlike the previous budgets which always neglected the plight of the women and youths in East Africa.
The Chairman of EALA Uganda Chapter Mike Sebalu says unlike previous budgets which had huge monetary allocations on conferences and trips for ministers, this year’s budget such expenditures on the welfare of ministers has been curtailed.
Sebalu says however the budget for the 2010/2011 financial year has focused more on the needs of the common man like labor mobility which is a positive development for the economy of the community.
By Zacharia Tiberindwa, Ultimate Media