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LoP calls for special audit of consolidated funds

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Home RELIGION

LoP calls for special audit of consolidated funds

Watera by Watera
March 4, 2021
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The Leader of Oppositio in parliament, Hon Betty Aol Ochan, has called for a special audit for the consolidated funds.

Lop was responding to the Na­tional Bud­get Frame­work Pa­per FY 2021-22 and 2025-26, where she stressed that it remains un clear how unspent balances of previous financial years are incorporated into financing of budget of the next financial year.

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She said that failure to make this accountability has led to underestimation of the available resource envelope for a given financial year.

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She asked government to allocate a bigger percentage of the budget to the productive sectors of the economy and support the private sector in order to increase country’s domestic revenue.

Government in FY 2021/2022 projects to collect shs 21.6 trillion in domestic revenue which is a reduction from shs 21.8 trillion in the current financial year.

Tags: Betty Aol OchanBudget framework paperLoP

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