President Museveni Signs Appropriation Bill, 2024 into Law
President Yoweri Museveni has signed the Appropriation Bill, 2024 (reconsidered) into law. The Presidential Press Unit announced this on Thursday evening 4th July 2024, stating that the President assented to the bill.
President Yoweri Museveni has signed the Appropriation Bill into Law.
While the Parliament had approved the Bill in mid-May, President Museveni refused to assent to it. The President was protesting the fact that the Parliament had made a reallocation to the budget to the tune of over 750 billion shillings.
The President in the opening paragraph of his letter to the Speaker of Parliament highlighted what he described as a mistake of MPS interfering with the constitutional mandate of the President in budgeting for the country by reallocating money for core sectors of the economy.
“In the last four financial years, the MPs have reallocated a total of Shs 3.7 trillion. This is real sabotage. When we reconstructed Kampala-Masaka Road, we used Shs 440 billion. Therefore diverting 3.7 trillion in four years is equivalent to aborting 9 big roads of Kampala-Masaka,” said Museveni in a letter dated June 22nd.
In a brief statement issued on Thursday evening, the Presidential Press Unit (PPU) said that “the President of the Republic of Uganda, His Excellency, Yoweri Kaguta Museveni has signed the Appropriation Bill, 2024 (reconsidered) into law.”
“The President assented to the bill yesterday, Thursday, 4th July 2024.”
