Government has maintained that borrowing for the referendum is not necessary saying exercise will be held alongside the 2016 general elections.
In an interview, Justice Minister Ngosa Simbyakula said Government will not be reckless in the contraction of loans on exercises such as the referendum which do not even guarantee success.
Dr Simbyakula said the general elections have already been budgeted for, making it easy to hold the referendum alongside the general elections.
He said it will be impossible to hold a standalone referendum especially that donors have also refused to fund it.
‘A referendum is a major election on its own and it is costly. We don’t have money for that process before 2016 but what we are saying is that we can marry it with the general election in order to reduce costs,’ Dr Simbyakula said.
He added, ‘It will not prudent to hold a standalone referendum before the general election, we don’t have that kind of money. This way we are saying let us hold a referendum and a general election at the same time. With the price of one we can acquire two objectives’