Our attention has been drawn to a Press Release by Ministry of Finance, Planning and Economic Development which appeared in the New Vision, Daily Monitor and The Red Pepper of Thursday, 15th June 2017, and the Statements of the Hon. Minister of Finance, Planning and Economic Development while being hosted on CBS 89.3 FM Radio Program of Wednesday, 15th June 2017.
The Release misleads the General Public into believing that NMS got, and was meant to get, the sh.68billion from Ministry of Finance, Planning and Economic Development from the PTA Bank as part of the general funding from the Consolidated Fund.
Since the Author of this Press Release is an Economist, we can only say that, at the very best, he was “economical with the truth”. On the part of NMS, we deal in medicines and we shall therefore “dispense the truth” as here under, as we believe that it is only the truth that will set us free:-
1. In the Financial Year 2010/11, FY 2011/12 and FY 2014/15, NMS suffered budget cuts totalling to sh.36,447,251,373/=. The non-release, in all the above cases, was in Quarter 4 when NMS would have already procured the Essential Medicines and Health Supplies (EMHS) for delivery to the
2. In the Financial Year 2015/16, there was severe Depreciation of the Uganda Shilling against the United States Dollar (USD). This diminished both the funds appropriated under Vote 116 for FY 2015/16 and sums carried over in (1) above.
3. The above was brought to the attention of Ministry of Health and Ministry of Finance, Planning and Economic Development, and NMS requested for a sum of shs. 68billion in FY 2015/16 to be able to cover the gap created by the Depreciation of the Uganda Shilling.
4. In response to our request, on 30th November 2015, the Permanent Secretary/Secretary to the Treasury informed NMS .. . . Click here to read entire press statement