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Budget Support Falls Short By $200m.
(From East African (Kenya) - AAGM)
Byline: Mutumba A. Lule And Gertrude Kamuze
Uganda's Ministry of Finance has begun the 2003/4 budget making process against the background of a poorly performing economy.
Most economic parameters are not as positive as envisaged in June 2002, when Finance Minister Gerald Sendawula presented his 2002/03 budget.
Mr Sendawula has already said that the country will not achieve the anticipated six per cent growth rate. This will be the third year in a row, that the growth rate target has not been met.
Minister Sendawula told parliament two weeks ago that budget support grants had fallen short by over …
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