The surge in Covid-19 cases on Sunday prompted President Museveni to reinstate a lockdown on schools and ban on inter-district travel, and public gatherings, among others, for 42 days
Lugoloobi s budget - FULL SPEECH
Thursday June 10 2021
State minister for planning, Amos Lugoloobi pictured at Kololo ahead of budget reading on June 10, 2021. PHOTO/ PARLIAMENT
Summary
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Speaker Jacob Oulanyah informs the House that Hon Amos Lugoloobi will present the budget on behalf of the President.
Hon Amos Lugoloobi has just been appointed as State Minister for Finance awaiting vetting by the Appointments Committee.
Uganda’s per capita income is increasing steadily. In Financial Year 2015/16 it was US$ 808 and is projected to increase to US$ 932 in Financial Year 2020/21.
Coffee remains the leading agricultural export earning US$ 497.4 million in the Financial Year 2019/20. Dairy exports fetched US$ 204.5 million, while Tea exports earned US$ 71 million in Financial Year 2019/20.
Covid-19 forced at least 300,000 Ugandans into poverty, according to the Uganda National Household Survey, 2019/20.
The survey, conducted by Uganda Bureau of Statistics (Ubos), indicates that during the 2019/20 financial year income poverty, which also means living below the poverty line, worsened during Covid-19, increasing from 19 per cent to 22 per cent.
Covid-19 was first declared in Uganda in March 2020 and continues to ravage much of the country, causing loss of jobs and incomes.
The survey indicates that the number of poor Ugandans during the period increased from eight million to 8.3m people with majority of these living in Busoga, Bukedi and Acholi sub-region.
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