(formerly IRIN News) Journalism from the heart of crises

Defence spending to overshoot budget by over US $30m

[Chad] Chadian President Idriss Deby during a military ceremony, December 2005.
Madjiasra Nako/IRIN

Uganda's defence spending is set to overshoot its US $106 million budget by almost a third for the year ending 30 June, a public expenditure review by Finance Minister Gerald Sendaula has revealed. Sendaula told reporters in Kampala that "the non-wage bill" would push Uganda's defence spending 30.6 percent over budget to US $142 million, AFP reported on Wednesday.

Yet the economic picture remains bright for Uganda, according to Sendaula, speaking after a two-day public expenditure review meeting in advance of June's budget. "Despite the difficult problems faced, particularly in the banking sector and the recent sharp depreciation of the exchange rate, the overall performance of the economy remained strong," Sendaula said.

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