National Resistance Movement (NRM) leader, President Yoweri Kaguta Museveni, convened with the parliamentary caucus at State House, Entebbe on February 2.
The focus of the meeting was the Rationalization of Government Agencies and Public Expenditure (RAPEX), while here, President Museveni emphasized the strategic importance of addressing this subject for financial prudence, estimating potential annual savings of Shs1 trillion.
In the discussions, Museveni highlighted the need for rational actions to save money, emphasizing that the government’s structure should prioritize supporting wealth creators for national development. Referring to Adam Smith’s insights from 1776, he stressed the importance of understanding where wealth comes from, identifying commercial farmers, manufacturers, service providers, and ICT as key wealth creators requiring support in peace, infrastructure, capital, skills, and technical assistance.
The President urged legislators to contribute to wealth creation by promoting the four sectors of the economy among the people they serve.
Government Chief Whip and NRM Parliamentary caucus Chairperson, Hon. Denis Hamson Obua, expressed caucus support for agency rationalization through parliamentary legislation.
In a noteworthy moment, opposition-National Unity Platform (NUP) member, Hon. Twaha Kagabo, committed to collaborative efforts with the ruling party for the betterment of the constituents he represents.