Close Menu
The InsiderThe Insider
  • News
  • Politics
  • Crime
  • Business
  • Entertainment
  • Special Reports
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Uniquely Ours: UTB Enhances Country’s Tourism Appeal with Gorilla Sculptures at Entebbe Airport

May 9, 2025

President Museveni Calls for Disciplined Democracy and Economic Revival in Uganda

May 9, 2025

UPDF’s High Command, Defence Council Discuss Uganda’s Security And Regional Stability

May 9, 2025
Facebook X (Twitter) Instagram
The InsiderThe Insider
  • News
  • Politics
  • Crime
  • Business
  • Entertainment
  • Special Reports
  • Sports
Facebook X (Twitter) Instagram
The InsiderThe Insider
Home » CSOs: Reduce external financing to boost local growth
News

CSOs: Reduce external financing to boost local growth

Our ReporterBy Our ReporterApril 29, 2018No Comments3 Mins Read
Facebook Twitter LinkedIn Email WhatsApp
Uganda's President Yoweri Museveni addresses a news conference during his official visit to Ethiopia's capital Addis Ababa, December 26, 2014. REUTERS/Tiksa Negeri (ETHIOPIA - Tags: POLITICS) - RTR4JBOL
Share
Facebook Twitter LinkedIn Email WhatsApp
Uganda’s President Yoweri Museveni 

Members of the civil society have recommended increased funding to the energy and environment sectors for the 2018/19 financial year, so as to address some of the financing gaps therein.

The energy sector received funding of shs1.8 trillion in 2017/18, which has gone down to shs1.6 trillion in 2018/19. The CSOs suggested that approximately shs6 trillion was required to enable the Ministry of Water and Environment achieve the NDP II and Vision 2040 targets, whose budget is at shs1.2 trillion shillings for 2018/19 FY.

In their presentations to the Natural Resources Committee on Thursday 26 April 2018, members from the Civil Society Budget Advocacy Group and Civil Society Coalition on Oil and Gas cited issues requiring attention alongside potential recommendations.

Siragi Magara, from the Civil Society Coalition on Oil and Gas (CSCO), noted that over reliance on external financing for development as well as low investment in renewable energy were limiting the energy sector’s potential growth.

He added that external funding for the energy sector in 2017/18 increased to shs1.5 trillion from shs884.6 billion in 2016/17, whereas Government contributed only shs292 million. In 2018/19 external funding is expected to be shs1.3 trillion as Government contributes only shs268 million.

“Exciting as these investments may be, the government of Uganda stands a high risk of the projects coming to a halt if external funding is delayed or cut off,” Siragi said.

He suggested project sequencing so as to minimize the external financing burden at a given time, and reduce the risk of increasing the debt burden to infrastructure expenditure.

Julius Mukunda, the Executive Director Civil Society Budget Advocacy Group (CSBAG) raised concerns over limited access to safe water in rural and urban areas as well as continued encroachment on wetlands.

He also noted that Uganda had opened its borders to provide refugee settlement to over a million refugees, who had flooded the country and occupied vast acres of land as provided.

“The refugees have freely accessed trees and forests, cutting them down to get firewood.  Little has been done to assess the effect of refugee settlement on the environment,” Mukunda said.

He added that encroachers were deliberately destroying wetlands for settlement or economic activities, adding that Government had not adhered to the 14 July, 2017 presidential directive on restoration of wetlands.

MPs appreciated the recommendations by the civil society organizations, saying they would incorporate them in their report before presenting it on the floor of Parliament.

Rwampara County MP Hon. Charles Ngabirano asked the CSO representatives to suggest ways in which Ugandans would contribute to the resource envelope, so as to reduce the country’s dependence on external financing.

In their reports, the CSOs’ suggested the phasing out of construction of boreholes and to investment in repairing the existing ones countrywide, which MPs said would affect the living conditions of Ugandans.

“Boreholes are a stop gap measure to maintain access to water service especially in rural areas. Is it advisable to phase this out when Government is yet to extend piped water countrywide?” asked Hon. Thomas Tayebwa (NRM, Ruhinda North).

The committee vice chairperson Hon. Keefa Kiwanuka (NRM, Kiboga East) said MPs had suggested an investment in irrigation and setting up of water supply systems so as to reduce reliance on rain for agriculture, but this had not yet been done.

The reports from the civil society organizations suggested the need to secure services of the private sector and promote local content, in a bid to reduce reliance on external funding.

 

Boreholes Charles Ngabirano ENVIRONMENT CONCERVATION
Share. Facebook Twitter Pinterest LinkedIn Email WhatsApp
Our Reporter
  • Website

Related Posts

Uniquely Ours: UTB Enhances Country’s Tourism Appeal with Gorilla Sculptures at Entebbe Airport

May 9, 2025

UPDF’s High Command, Defence Council Discuss Uganda’s Security And Regional Stability

May 9, 2025

aBi Finance trains top Tier 4 Financial Institutions on ESG integration

May 7, 2025

Comments are closed.

Recent Posts
  • Uniquely Ours: UTB Enhances Country’s Tourism Appeal with Gorilla Sculptures at Entebbe Airport
  • President Museveni Calls for Disciplined Democracy and Economic Revival in Uganda
  • UPDF’s High Command, Defence Council Discuss Uganda’s Security And Regional Stability
  • ValueFin Empowers Zambian MSMEs with Finance and Market Access
  • Kirk Whalum Lands in Kampala for a Jazz Night to Remember
  • aBi Finance trains top Tier 4 Financial Institutions on ESG integration
  • Shs 4Million Customs Fraud Scandal: Top Kampala Businessmen Charged in Massive Customs Evasion Scheme
  • Roko Signs Contract to Build National Planning Authority Headquarters
  • Torture Has No Place in Justice!!! — Minister Norbert Mao Slams Abuse of Eddie Mutwe’s Rights, Demands Accountability
  • Stanbic National Schools Championship 2025 Boot Camp Kicks in High Gear
  • Focus on research, Tayebwa challenges university lecturers
  • I Was Sodomised By Pastor Kayanja! — Key Accuser Breaks Down In Explosive Court Testimony
Our Picks

Uniquely Ours: UTB Enhances Country’s Tourism Appeal with Gorilla Sculptures at Entebbe Airport

May 9, 2025

UPDF’s High Command, Defence Council Discuss Uganda’s Security And Regional Stability

May 9, 2025

Road Network In Jeopardy!!! SHS3.5 Trillion Owed, Projects Stalled, Lives Lost

May 6, 2025

Human Rights Judge Turned Human Trafficker: Justice Lydia Mugambe Jailed 6 Years For Modern Slavery

May 5, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss

Uniquely Ours: UTB Enhances Country’s Tourism Appeal with Gorilla Sculptures at Entebbe Airport

Features May 9, 2025By admini2 Mins Read2,801 Views

The Uganda Tourism Board (UTB) has unveiled a vibrant new visitor information point at Entebbe…

President Museveni Calls for Disciplined Democracy and Economic Revival in Uganda

May 9, 2025

UPDF’s High Command, Defence Council Discuss Uganda’s Security And Regional Stability

May 9, 2025

ValueFin Empowers Zambian MSMEs with Finance and Market Access

May 9, 2025

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

We bring you News Beyond borders in Categories of Politics, Technology, Finance, Education, Tour & Travel, Lifestyle and Crime

We're accepting new partnerships right now.

Email Us: info@theinsider.ug
Contact: +256 774 987 590

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp
Our Picks

Uniquely Ours: UTB Enhances Country’s Tourism Appeal with Gorilla Sculptures at Entebbe Airport

May 9, 2025

UPDF’s High Command, Defence Council Discuss Uganda’s Security And Regional Stability

May 9, 2025

Road Network In Jeopardy!!! SHS3.5 Trillion Owed, Projects Stalled, Lives Lost

May 6, 2025
Facebook X (Twitter) Instagram Pinterest
© 2025 The Insider Uganda. Designed by Mirror Digital Limited.

Type above and press Enter to search. Press Esc to cancel.