Government will increase its funding for the Ministry of Energy in the 2006/2007 financial year.
The increased energy budget will cater for the construction of two dams at Karuma Falls and Bujagali in Jinja. The budget will also be used to provide low-cost energy efficient alternatives for Ugandans on the power grid.
Cabinet has established a committee to carry out extensive into the proposed funding increase. The committee will determine exactly how much more money will be given to the Ministry of Energy and from where the money will be drawn.
A source in the Ministry of Energy discloses that current discussions are in favour of withdrawing funds from the Ministries of Education, Health and Defense to support the building of the dams. This claim could not however be independently verified.
Members of the Cabinet committee include the Vice President, Gilbert Bukenya, Trade and Tourism Minister Daudi Migereko, Finance Minister Ezra Suruma and Energy Minister, Syda Bumba.
Bumba says recommendations from the committee will be included in a policy paper to be presented to parliament next week.