budget speech 2020/2021

Further, 24 mini hospitals out of 108 have also been completed. Madam Speaker, in order to ensure the defence of the country, Government will further strengthen the capability of the Uganda Peoples’ Defence Forces, and enhance the effectiveness of the Intelligence apparatus. Mr. Speaker, the education and skills development sector has not been spared by the COVID-19 pandemic. To this end, 2,232 health workers were recruited and deployed. The tax bands are now as follows: Mr. Speaker, in order to encourage employment of differently abled persons, I propose to increase the amount allowed for deduction by an employer for employing a person with disability to K2,000 per annum from K1,000 per annum. le gouvernement a entamé la construction à travers le pays de centres TIC communautaires. Mr. Speaker, to promote linkages between agriculture and manufacturing, the Industrial Development Corporation will establish a tomato and fruit processing plant in 2021. The acceleration of our import substitution and export promotion strategy for a range of goods including medicines and other health products; and the products of agro-industrialization and light manufactures, which Uganda can produce with a comparative advantage; Digitalization of many aspects of socio-economic activity to improve efficiency and reduce costs. An additional Ushs 120.53 billion will be refunded. Sir, the performance of the National Road Tolling Programme has been satisfactory. g) Harmonize the import duty rates of cotton and polyester fabric at 15 percent ad valorem rate or K1.82 per kilogram whichever is higher. The meter gauge railway network is under rehabilitation. I will now detail interventions in each of them in turn. Sir, to support the domestic resource mobilisation measures, the Zambia Revenue Authority Act, Chapter 321 of the Laws of Zambia will be amended to improve tax administration. I am glad to report that the 28 services have been connected resulting in reduced transaction costs and enhanced delivery of public services. Sir, with regard to youth empowerment, Government launched the Youth Empowerment Fund with an allocation of K470 million. Tax Adjustments To support growth, we propose no major tax increases. An estimated UShs 65.35 billion due from Pay As You Earn (PAYE) for manufacturing and tourism sectors is being deferred. PILLAR V: CREATING A CONDUCIVE GOVERNANCE ENVIRONMENT FOR A DIVERSIFIED AND INCLUSIVE ECONOMY. Madam Speaker, economic infrastructure covering roads, rail, water, irrigation and air transport remains key to economic recovery and boosting economic transformation. Mr. Speaker, the tourism sector is the hardest hit by the COVID-19 pandemic with virtually no international tourist arrivals since March 2020 due to travel restrictions and subdued domestic tourist activity. Sir, the construction of Kafue Gorge Lower Power Station is almost complete and will add 750 mega- watts to the national grid. Of the allocations to primary health care and hospital services, K1.4 billion is earmarked for the procurement of essential drugs and medical supplies. Madam Speaker, to improve public service delivery, systems across Government have been developed and integrated as follows:-. To this end, the Nation will be updated on the progress made in due course. Write CSS OR LESS and hit save. Key interventions under this allocation will include modernisation and digitalisation of systems as well as construction and rehabilitation of infrastructure. To mitigate this, Government has been investing in additional electricity generation capacity, including solar energy. Sir, to combat the spread of COVID-19, I propose to zero rate equipment used for full body sanitisation for a period of one year. Many of these medicines will be manufactured in Uganda; and. Amen. Mr. Speaker, I propose to exclude high value motor vehicles from the definition of used motor vehicles and subject them to ad valorem import duty. Reach us on +256 700 703903 Mr. Speaker, Government is mindful of the adverse effects of the current high inflation rate on our citizens, particularly the most vulnerable. This can be applied through e-Commerce; e-Government (including tele-conferencing, procurement and the dispensation of justice); e-Learning; robotic automation, artificial intelligence, cyber security and cloud computing; and digital marketing in tourism. The consequence has been loss of jobs and livelihoods for millions of people as countries implemented containment and mitigating measures. In addition, K598.1 million is for the 2021 General Elections while K1.2 billion has been allocated to the Local Government Equalization Fund. The budget passed was up to a tune of 45.4 trillion shillings. This will support enhanced economic recovery, as well as maintain an acceptable level of social welfare. 138 billion; Provide for Banks to restructure loans to their borrowers who are facing liquidity constraints and provide additional liquidity on a case by case basis, as recently guided by the Bank of Uganda; Reduce charges on mobile banking and mobile money transactions, to improve efficiency, reduce person-to person contact to prevent spread of the Corona Virus; and finally. Currently, only tractors up to 90 Horse Power are zero rated. Tax administration will be strengthened to improve efficiency in revenue collection. Sir, the specific macroeconomic objectives for 2021 will be: a) Achieve a real GDP growth rate of at least 1.8 percent; The economy is estimated to grow by 3.1 percent this financial year ending 30th June 2020, slower than the average growth rate of 5.4 percent in the previous four years. d) Suspend the retention fees paid by tourism enterprises; and This target translates into a revenue effort of 14.3 percent of GDP. Mr. Speaker, in order to have sustainable financing to the health sector and ultimately achieve Universal Health Coverage, the National Health Insurance Scheme has been operationalised. Sir, the measures I have announced are in addition to the existing incentives and those granted in response to COVID-19 earlier this year. These emergencies, indeed, present several lessons and opportunities that we have drawn on to craft the Economic Stimulus and Growth Strategy I will elaborate today. 2. For crude oil, excess supply and lack of storage capacity exacerbated the decline in prices. 25,585.6 Billion. Sir, other notable projects under construction include the Lusaka Specialist Hospital, surgical wards at the University Teaching Hospital, Bangweulu General Hospital and the expansion and modernisation of Maina Soko Military Hospital. Mr. Speaker, to support the growth of small medium scale enterprises, Government will provide financing through a facility at the National Savings and Credit Bank and continue to dismantle arrears to local contractors and suppliers. This also applies to other manufacturing firms that have been unduly affected by the Corona Virus crisis. Mr Speaker, to mitigate the impact of COVID-19 and further enhance social protection, I propose to allocate K4.8 billion to this function. Enhance access to Safe Water and Sanitation and Utilities, Madam Speaker, in order to ensure universal access to safe and clean water and improved sanitation, we will consolidate and build on achievements I reported earlier by undertaking the following interventions, details of which are in the Background to the Budget:-. An allocation of UShs. Mr. Speaker, commodity prices have been volatile in 2020. Inflation rose to 15.5 percent in August from 11.7 percent in December 2019. Sir, to support women, youth, and small to medium enterprises, I propose to spend K266.3 million on various empowerment programmes. In the first half of 2020, a total of 3,100 households benefitted from the Programme. Mr. Speaker, in the face of our current adversities, His Excellency, Dr. Edgar Chagwa Lungu, President of the Republic of Zambia, enjoined us to change the way we think and the way we do things so that we are able to seize the opportunities that the COVID-19 challenge presents to us.

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