The Ministry of Finance Planning and Economic Development has released Shs4.676 trillion for the first quarter of the Financial Year 2022/23. This was confirmed by the Permanent Secretary who doubles as the Secretary to the Treasury, Ramathan Ggoobi.
The released funds which exclude debt financing will cater for Wages (Shs.1.6 trillion), pension and gratuity (Shs230 billion), Arrears (Shs662 billion), Security Agencies (Shs721 billion), Judiciary (Shs47.6 billion), Parliament (Shs175 billion) and Health Institutions (Shs160 billion).
Others include; the recurrent expenditure for Local Governments (Shs96 billion), Universities (Sh.98 billion) and Agriculture Institutions (Shs13 billion).
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