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    Why Are You Over Borrowing? MPs Bitter With Ministry Of Finance Officials Over Loan Funds

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    The Minister of Finance for Planning David Bahati

     

    Members of Parliament have today tasked officials from the Ministry of Finance to explain why the country continues to borrow funds from both within the country and outside yet there is a lot of money pending utilization.

    Ministry of finance officials led by the Minister of Finance for Planning, David Bahati had appeared before the parliament finance committee to present their policy statement.

    A legislator from Kiyoga County , Antony Okello  expressed fears when he openly doubted the ministry’s policy  statement for giving lump some figures of both the domestic and external debt without giving a breakdown of how the loans are utilized.

    “You even get more confused with this kind of presentation. As soon as you acquire a debt, the next thing is to utilize and pay but we are already paying what we have not yet utilized here. Can we have a list of borrowed but not utilized loans to which we pay interest?”

    The committee chair person, Henry Musasizi further put the ministry task to explain why they borrow simply because there is money to be borrowed.

    “The issue before us is why you acquire a loan which you are not going to use, in other words you are borrowing money which you don’t want. Just like my colleagues have said you borrow simply because a certain bank has advertised some funds available and just run there and pick it,” Musasizi noted.

    In defence, Bahati said that some of the reasons that are hindering implementation of projects financed by borrowed fund are counterpart funding whereby there are loans that government borrows and the terms are that it has to pay 15% as down payment before they access the resources. He however said that they are trying to resolve this by negotiating with lenders to see if government can do the 15% as per disbarment instead.

    Musasizi went ahead to ask him why he commissions government into borrowing well knowing that there are conditions attached to the loan that the ministry is not going to comply with.

    On this, the minister assured members that they are not contracting new loans unless they are sure about counterpart funding and that though the counter funding would help them do compensation and taxes, the ministry has tried to exempt donor funded projects as well as negotiating with the lenders to at least pay the counterpart funding in installments or as a down payment at the disbursement level.

    Bahati later explained that the other big challenge the ministry faces is the problem of procuring projects which come when the government has already borrowed. He however said that they have made a decision to amend that public procurement law to enable government borrow on purpose.

    Musasizi expressed fears of the accelerating appetite for borrowing and a mismatch between borrowing and pay back.

    “The appetite to borrow in the recent years has been accelerating and the speed at which implementation has been going on is not changing and if it’s changing its going down, there is slow speed on implementation of the loan resolutions we pass, there is an inverse relationship between borrowing and utilization of the loan. Why?

    Bahati ignored the query citing out that the committee did not tell their measure of appetite.

    According to the policy statement, in the coming budget, 8.9 trillion has been secured to pay debts. However, the country expects to collect only 15 trillion from taxes and reserves and this is the money that the country should consider while making its budget.

    In terms of debt level, the total debt as a percentage of GDP is close to 30% and a threshold of 20% and Bahati stresses that the country still behind the rest of the Aast African countries.

    Another question arose when Musasizi discovered that there was a change in the amount of money that was stipulated in the budget framework paper which differed from that of the policy statement contrary to the law.

    “When we approved the budget frame work paper we approved 4.589 trillion for domestic financing but now in the policy statement the planned allocation is 5.271 trillion and you well know that the ministerial policy statement should be consistent with the budget framework paper, explain why you are shifting from the requirements of law.”

    Ssemakula Lawrence, the Accounting General ministry of finance explained that when they brought the budget framework paper its true that they had 4.589 trillion but along the way they are sighting an added request of domestic borrowing of about 736 Billion.”

    Loans according to the law should be paid from a special fund, Musasizi requested to be informed whether a fund exists and how it has been performing.

    Bahati noted that loan money is paid in Bank of Uganda on a special vault.

     

    By Stella Mugoya

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    NATIONAL

    How Boyfriend, Pressure For Wedding Money Forced MP Nanyondo To Withdraw Her Signature From Censure Motion Against Mpuuga And Company…

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    Bukomansimbi woman legislator Veronica Nanyondo

    Kira Municipality legislator Ibrahim Ssemujju Nganda has explained that the actions of Bukomansimbi woman legislator Veronica Nanyondo to withdraw in writing her signature from the censure motion against the four parliamentary commissioners over corruption allegations was showed that legislators don’t read.

    He revealed that the reason why he always overshadows fellow legislators on the floor of parliament and even during media talk shows is because they don’t read but just sign documents, especially when they are told that they will get allowances after signing.

    “How can a member of parliament withdraw her signature claiming that you were misled to sign, now how can you convince your voters that you are not misled to take decisions that affect them!” Ssemujju wondered.

    In her defense, Nanyondo said that the movers of the motion to impeach the commissioners used her signature from the opposition cabinet meeting and put it on the censure motion papers.

    Ssemujju noted that once a legislator appends their signature on a censure paper, he or she cannot withdraw it and Nanyondo is still taken as one of the legislators who signed the censure motion against the legislators.

    However, theGrapevine established that Nanyondo was forced by her boyfriend to withdraw the signature.

    Sources claim that Nyanyondo’s boyfriend, a one Kateregga who was a councilor for Bukomansimbi district, pleaded with Nanyondo to withdraw her signature because Mpuuga is one of their own and it will shame them to betray him.

    He alleges that Nyanyondo and her boyfriend are set to legalize their marriage in church before the end of this year and Mpuuga has already contributed Shs20m to help in the preparations of their wedding.

    Others who contributed include Annet Anita Among the speaker of parliament who contributed Shs10m.

    Sources divulged that Kateregga nowadays spendsmuch of his time in the United States of America because the couple plans on relocating to the US once this political term ends and after they legalize their marriage.

    Sources added that Nanyondo is not going to defend her position in the coming 2026 elections after realizing that the ground no longer favors her.

    Before joining politics, Nanyondo and Kateregga were running a printing business on Nasser Road in Kampala city.

    When Nanyondo contested for the first time as MP to replace her sister Suzan Namaganda, the former wife to former East African Assembly Uganda representative Fred Mukasa Mbidde, Kateregga was in charge of pinning her posters.

    theGrapevine made several phone calls to Nanyondo’s known phone numbers for a comment on the story but they all went unanswered.

    Nanyondo is among the poor performing legislators in Buganda.

    The four commissioners who in trouble are; Mathias Mpuuga the Member of Parliament for Nyendo-Mukungwe, Prossy Mbabazi Akampulira the Rubanda district legislator, Solomon Silwanyi the Bukooli Central legislator and Esther Afayochan of Zombo district woman legislator.

     

    By Hadijjah Namagembe

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    NATIONAL

    Gen. Bigirwa Deletes NUP From Busoga & Dumps It In Magere; Gen. Museveni Jubilating….

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    The legendary chinua Achebe stated that; “never test the depth of a river with both feet”.

    This is what Bobi Wine did through selective and apoplectic persecution of Bigirwa Moses, the self proclaimed general who of recent denounced the Un reliable National Unity Platform (NUP) and its entire lurch leadership.

    The self styled general has created a very big endless smile on the legendary president and the NRM after completely drowning and eventually killing NUP, burying it at Bobi Wine’s Magere.

    After all, What colorable reason could be assigned to Bigirwa in a party that feels comfortable on settling as the leaders of opposition for monetory gains?

    Recently, the suspicious and rancor Bigirwa launched his pressure group called the Eastern Revolutionary platform (ERP) and installed himself as the supreme leader. This is a very big blow to the already embattled Robert Kyagulanyi’s NUP, whose support in Busoga has been deteriorating day after day.

    Busoga lost trust in NUP because of it’s disrespect to the kingdom. This is after Various NUP herd mentality people abused and ridiculed the cultural institution and the king on several occasions.

    The startled subjects almost wept when the top NUP leadership failed to de-associate it’s self from such individuals.

    Coupled by the alleged support of homosexuality, the vexed people in the Busoga territory can’t bear NUP anymore. The ethnography of Basoga can’t give chance to such un cultured leaders to thrive. They realized President Museveni is the only person who can preserve their culture.

    Bigirwa read between the lines and opted not to assist an unjust administration by disobeying their unjust orders and decrees. To continue paying allegiance to NUP would mean partaking their evil. He chose the NRM’s noble cause of disobedience to evil to secure the future of our beautiful nation.

    Bigirwa has openly taken a bold decision and has castigated NUP’s top leadership for abandoning the struggle due to selfishness and parochial interests. He has demonstrated that it’s not right to think of oneself.

    He has emulated Gen. Museveni’s belief of sacrifice and service above self in a human spirit that will always survive and prevail.

    The alleged signs of parachoalism and chauvinism are barbaric and cannot drive our country anywhere apart from plunging us into turmoil yet we can no longer tolerate any dangers to the forward march of Uganda.

    President Museveni, NRM and Bigirwa wins. In Busoga, to resist radical evil means that you’re cultured. It’s a heroic character. It’s enduring a life that by all standards of the wider society is viewed as a success. The more Kyagulanyi runs to imperialists, the actors of the barbaric homosexuality to help him remove the tactical acumen from the most prestigious seat because of defending our culture, the more love and respect ugandans will accord gen. Museveni.

    Bigirwa has accepted that the dominant culture and NRM’s main pillars of social economic transformation, patriotism, democracy and Pan-Africanism is the way to go. There is no doubt he has opened the eyes of the remaining few people who have been blindly following the enemies of development.

    Compulsive liars are frightening and a great danger to society but the people of Busoga have rejected being compulsive believers. Believing would tantamount into liar’s enablers. NUP is finally buried in Magere and it will be extremely difficult to get any NUP elected leader from Busoga in the 2026 polls. NRM and president Museveni will be overwhelmingly voted.

     

    The writer, George Mubiru, is a researcher, political analyst and Ass. RCC Jinja City.

    Tel. 0754877595

    Email: georgemubiru93@gmail.com

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    NATIONAL

    Mayor Mulyanyama Takes His Fight Against Bobi Wine’s Brother Nyanzi For NUP Ticket To CBS Radio…

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    Makindye Division Mayor Ali Kasirye Mulyanyama

    Fight within National Unity Platform (NUP) for Kampala City Lord Mayor ticket has deepened as maverick Makindye Division Mayor Ali Kasirye Mulyanyama declared war on Fred Nyanzi Ssentamu, the elder brother to Principal Robert Kyagulanyi Ssentamu (Bobi Wine).

    Both Nyanzi and Mulyanyama have declared interest to contest against the current Lord Mayor Ssalongo Erias Lukwago and they are clandestinely mobilizing for internal party support.

    theGrapevine haa established that Mulyanyama has entered a deal with Kabaka Ronald Muwenda Mutebi’s CBS radio to popularise his political ambitions for Lord Mayor seat and he has already started using the platform to fight Nyanzi.

    Last week, he accused Nyanzi of using reckless statements which placed their boss Bobi Wine and their party in bad light.

    Mulyanyama was responding to the statement made by Nyanzi on the misunderstanding between NUP leadership and Masaka region journalists who accused Bobi Wine security of insulting them.

    Nyanzi told CBS radio that the said journalists are making these malicious allegations because they are working for Mathias Mpuuga Nsamba’s group to fight Bobi Wine .

    Nyanzi and other NUP leaders particularly accuse CBS radio’s Masaka city news reporter Tomusange Kayinja of masterminding the drive of attacking and giving false news against Bobi Wine which Mulyanyama rubbished.

    Mulyanyama asserted that CBS is a radio with professional journalists and presenters and they should not be dragged in petty internal party fights.

    He disclosed that he cannot look on as Nyanzi and other people use their positions in the party to fight Kabaka’s radio which has always given many opposition politicians the platform that has helped them win elections against President Museveni’s NRM party.

    It should be noted that there is ongoing bad blood between the Mengo administration led by Premier Charles Peter Mayiga and NUP leadership.

    The bitter verbal exchanges have come from both sides.

    However, insiders at CBS radio told theGrapevine that Mulyanyama wanted to use CBS as his political mobilization weapon to weaken Lukwago.

    Sources said that he is desperate, frustrated and confused after learning that there are ongoing talks spearheaded by Mukono Municipality legislator Betty Nambooze Bakireke for Lukwago to join NUP and one of the conditions involves giving him the Lord Mayor ticket come 2026.

    Recently, Bobi Wine stopped Nyanzi from campaigning for the office of the Lord Mayor and even threatened to take disciplinary action against him.

    Nyanzi accused NUP Secretary General David Lewis Rubongoya of compromising Bobi Wine to humiliate him because he is also interested in the position.

     

    By Hadijjah Namagembe

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