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This time round I won’t borrow- says Kasaijja as Shs600bn is approved for the fight against Covid

Matooke Republic by Matooke Republic
June 29, 2021
in News
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Following a move by government to give cash handouts to the vulnerable people whose livelihoods have been affected by the current lockdown,the Covid Task force resolved to give each affected person a sum of Shs.100.000.


The budget for Covid Relief fund is Shs.53 billion translating into 500,000 vulnerable households and Ushs 100,000 per household.
With the government known for borrowing and many wondering where it’s going to get the money from ,the Minister for Finance Hon. Matia Kasaijja has said that this time round he won’t borrow.


“This time round I am not borrowing, we are going to suppress items. For things like conferences that have to be held, we shall have to do them virtually. During our time in the bush, we improvised,” said Kasaijja.

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He stated that in a move to suppress the budget government workshops, conferences and external travels have been banned.
Kasaija said that, this has been done in order to raise the Shs600Bn that will be used in the fight against Covid 19.


On Monday, the Cabinet approved Shs600Bn, Shs206.4Bn to the Ministry of Health, Shs50Bn for security, Shs54.7Bn for Relief Cash handout, Shs53.7Bn for Local government and Shs8.1Bn for Ministers of information and Technology.

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