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MPs Disagree With Ministry Of Finance Over ‘Economic Growth Figures’, Say Situation On Ground Tells The Opposite

 Henry Musasizi, the State Minister for finance in charge of General Duties

Members of Parliament sitting on the National Economy committee have expressed displeasure against government’s continued reports that Uganda’s economic growth has improved .

 

The committee members are angry that the Ministry of Finance continue to feed the country with figures indicating that the country’s economic growth is improving yet the people they represent are not feeling the growth in economy, alluding that their people are growing poorer.

 

The members disclosed this while meeting with the ministry of finance officials led by the State Minister for finance in charge of General Duties, Henry Musasizi.

 

Minister Musasizi revealed to the committee members that the economy is projected to grow at 6%  in the financial year 2022/2023 mainly supported by investments in the oil and gas sector .

 

However, Namayingo District Woman MP, Margaret Makhoha said that the ministry of finance reports on the economy gives hope when read, but people in the villages are sleeping hungry  .

 

She said that as members of parliament sitting on this committee, people see them as people mortgaging the country because of clearing loans in the direction of improving the people fortunes of the country, but the loans are not impacting lives of the ordinary Ugandans.

Buliisa County MP, Allan Atuginza said that government should use the funds accrued from oil and gas to invest in communities daily businesses so that they are economically empowered to tap into the investors and supply them with commodities which they could have imported .

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