The budget will be financed with funds from Envujjo, Busuulu and Kanzu (24.7 billion Shillings), debt payment from the Central Gocernment ( 5 billion), student payments (18.14 billion), development partners (29.12 billion), Sports (4.43 billion), Communication Stations (28.4 billion), Tourism (870 million), Cooperatives (32.51 billion) and others.
Buganda Kingdom’s Lukiiko has today approved a
budget totaling 157.84 billion Shillings to support different activities of the
monarchy in the coming financial year 2022/2023.
The Budget was approved following its presentation by the
Kingdom Minister of Finance, Robert Waggwa Nsibirwa.
The new budget under the theme “Enhancing Service
Delivery to the People As a United Team” is 36.35 billion Shillings higher than
the current 2021/2022 financial year budget.
“During the budget preparation for the next financial
year 2022/2023, we were keen on the financial challenges that continue to be
posed by the Covid-19 pandemic," said Nsibirwa. "The Kingdom paid attention to different sources
of income and the activities to be funded. For that matter, we have not planned
to start any new company in the budget. Emphasis is going to be put on service
delivery and financial stability of the already existing companies.”
He said that the key funding activities that have
led to the budget increase are under support towards Education services with a budget
of 20 billion Shillings. Nsibirwa revealed that the Kingdom plans to construct
2 Early Child Development Centres in Bulemeezi and Kyaggwe Counties and
construction of more class rooms at Bbowa Secondary and Vocational School in
Bulemeezi.
The Kingdom also plans to invest in the construction
of 6 shopping malls and more houses at Mirembe Villas, Kigo and Sentema in the
new financial year at a cost of 22.65 billion Shillings.
The malls are to be
built at Mukungwe in Buddu County, Nyenga, Kyaggwa County, Busimbi, Ssingo
County, Kira, Kyadondo County, Busaabala, Kyadondo County and Maddu in Gomba
County.
The Kingdom has also allocated a budget of 31.78
billion shillings towards Markets and Cooperatives, 3.18 billion for Environment, 2.29
billion for Youth and Sports activities.
The other priority areas for funding by the Kingdom
are the scheduled construction of 3 Kingdom Health facilities at the level of Health
Centre IV in Nyenga, Kyaggwe County, Mukungwe, Buddu County and Busimbi, Singo
County.
Nsibirwa also noted that the new budget will ensure
equipping two other health facilities that were earlier built at Kalasa,
Bulemeezi County and Nsangi, Busiro County. He says that services in these
hospitals will not be free but at moderate fees.
According to a copy of the budget, the
construction and equipping of the facilities and other health interventions by
the kingdom are budgeted at 4.27 billion Shillings.
The other key funding activity highlighted by
Nsibirwa is Agriculture through the ‘Mwanyi Terimba Limited’ Company that was
started by the Kingdom.
He said that the company is to be supported to
ensure that it takes part in the purchase of coffee from farmers and also add
value to the produce. The Kingdom also plans to purchase motorcycles for
agriculture trainers in the 18 counties to facilitate them with transport to
farmers in a bid to improve produce.
Nsimbirwa also revealed that 18 model
farms are going to be started in the Kingdom Counties and that all these
agricultural interventions have been budgeted at 2.2 billion Shillings.
The other funding lines are Culture and Heritage
activities including the completion of the Kasubi Tombs reconstruction, renovation
works at Wamala Tombs, allfor 3.12 billion Shillings.
Charles Peter Mayiga, the Katikkiro of Buganda said
that the budget theme is key since it focuses on the well-being of the kingdom
subjects general development in the country.
Luganda //Cue in: “owekitiibwa Speaker…//
Cue out:…oba nedda.”//
The budget will be financed with funds from Envujjo,
Busuulu and Kanzu (24.7 billion Shillings), debt payment from the Central
Gocernment ( 5 billion), student payments (18.14 billion), development partners
(29.12 billion), Sports (4.43 billion), Communication Stations (28.4 billion),
Tourism (870 million), Cooperatives (32.51 billion) and others.
The other sources of funding are Buganda
Certificates and Kingdom Portraits (2.09 billion), Buganda Kingdom Education
Institution’s Development Fund (276.8 million), Buganda Cultural and Heritage
Support Fund (757.1 million), Buganda Royal Law Chambers (500 million) among
others.
Meanwhile, Nsibirwa revealed that the institution
raised more funds in the current financial year 2021/2022 compared to its
projected target.
Luganda //Cue in: “embalilila yo mwaka…//
Cue out:…mwaka gwa 1993.”//
Budget figures seen by Uganda Radio Network indicate
that the Kingdom has so far collected 124.66 billion Shillings in the current
financial year 2021/2022 up from its targeted budget estimate of 121.4 billion.
The excess collection has been realized from
Envujjo, Busuulu and Kanzu collections from which the Kingdom had budgeted a
collection of 18.5 billion but has so far collected 23 billion, while Buganda
Certificates and Kingdom Portraits raised 1.62 billion Shillings up from the
targeted 1.17 billion and others.