Thursday, June 15, 2006

DP Officials prepare for Official Budget Response

Top DP officials SG Richard Ottoo and Treasurer Hajati Sarah Sebaggala are on their way to Parliament to listen to the Budget Speech. Their official response is expected later this week. Finance Minister Dr. Suruma is expected to present an austerity budget occasioned by the Energy crisis and worsening balance of payments situation caused by an astronomical energy bill. DP has been very critical of the statist approach of subsidizing a few large businesses at the expense of the vast micro-finance sector now overseen by President Museveni's half brother Caleb Akandwanaho.

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