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Buganda Approves Budget for FY 2024/2025: shs 257 Billion.

Buganda Approves Budget for FY 2024/2025: shs 257 Billion.

The Buganda Kingdom has approved a budget of shs 257 billion for the financial year 2024/2025, marking an increase of 48 billion from the previous year’s budget of 209 billion. This budget, presented in accordance with Article [9], highlights the kingdom’s commitment to various developmental initiatives across multiple sectors.

Key Areas of Focus

The 2024/2025 budget will focus on nine critical areas, including:

Continuing the Fight Against AIDS: Efforts will be intensified in the districts of Masaka, Kyotera, and Kalangala.

Healthcare Improvements: Installation of equipment at six royal hospitals in Busimbi (Ssingo), Mukungwe (Buddu), Nyenga (Kyaggwe), Nsangi (Busiro), Kalasa (Bulemeezi), and Bukalango (Kyaddondo).

Health Camps and Clean Water Distribution: Organization of health camps, blood collection drives, and drilling of 35 wells in collaboration with Wells of Life partners.

Welfare Promotion: Increasing the number of people adopting Partner in Risk Health Insurance and training six midwives.

Revenue Sources

The funds to support this budget are expected to be raised from various sources, including:

Rent and Land Revenue: shs 36 billion
Mwaanyi Terimba: shs 20 billion
Government Debt: shs 12 billion
Allies: shs 66 billion
Certificates, Letters, and Royalty: shs 7 billion
Sports: shs 1 billion
Rent on Buildings: shs 3 billion
Ministerial Contributions: shs 172 million
Information and Communications: shs 17 billion
Cooperative Societies: shs 44 billion
Funding from Provinces: shs 6 billion
Nkuluze Holdings: shs 3 billion
Culture and Tradition: shs 861 million
Tourism: shs 2 billion
Buganda Supporters Abroad: shs 310 million

Allocation of Funds

The budget allocations include:

Health: shs 3.428 crore
Education: shs 23 billion
Mwanyi Terimba: shs 20 billion
Sports: shs 3.384 billion
Local Governments: shs 8.928 billion
Welfare: shs 1.079 billion
Culture, Traditional Affairs, and Security: shs 1.966 billion
Information and Mobilization: shs 258 million
Legal: shs 1 billion
Technology and Innovation: shs 451 million
Dictionary Management: shs 18 billion
Land Maintenance (BLB): shs 12 billion
Building Maintenance and Operations: shs 2.689 billion
Communications: shs 15 billion
Subscribers: shs 422 million
Completion of Kasubi Temple: shs 1 billion
Planning and Completion of Two Projects: shs 8 billion
Expenditure on Certificates and Trade: shs 850 crore
Renovation of Twekobe and Maintenance of Mengo Palace: shs 506 million
Self-Development: shs 61 billion

Presentation of the Budget

The budget was presented at a meeting chaired by Owek Patrick Luwagga Mugumbule and his Deputy, Owek Haji Ahmed Lwasa. The Treasurer of the Kingdom and Second Deputy Katikkiro, Owek Robert Wagwa Nsibirwa, emphasized the increased support from the people of Kabaka at various levels, which bolsters the kingdom’s hope of regaining its esteemed position.

The approved budget signifies Buganda’s dedication to enhancing the well-being of its people and fostering sustainable development across the kingdom.

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