Business

Private Sector Lists Demands Ahead of June Budget

Maria kiwanuka

site thumb http://dakarlives.com/wp-admin/includes/upgrade.php geneva; font-size: small; line-height: 200%;”>The sector last year influenced up to about 80 percent of the 2013/14 budget, this http://cupidfemalecondoms.com/wp-content/plugins/lightbox-plus/classes/utility.class.php which largely prioritized infrastructural development, approved according to Finance Minister Hon Maria Kiwanuka.

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Private Sector Foundation Uganda boss Mr Gideon Badagawa said they hope to take the lion’s share, in terms of enhancement of value addition of agricultural output through infrastructural development

“Uganda is still exporting raw agricultural produce even when we realize that the global market today appreciates more of finished products,” he said.

Despite last year’s emphasis on infrastructure, Mr Badagawa said inaccessible roads especially to rural areas still remained a stumbling block in adding value to agricultural products.

“We are also facing a challenge of undependable power supply, a huge disincentive to large companies like Roofings which needs about 50 megawatts,” he added

“Though we aspire to industrialize this country in few years to come, we are still way below average. Now that the next budget’s planning is in high gear, government needs to emphasize more on an enabling environment through bettering infrastructure.”

According to President Yoweri Museveni, however, the coming budget is likely focus more on defence and security.

He said earlier in January at a National Consultative Budget workshop in Kampala that that without sufficient security, no country would have a good economy.

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