The Independent Uganda: You get the Truth we Pay the Price
Budget 2021 summary
Resource envelope Sh45.5 trillion
Revenue Sh21.8 trillion
Uganda GDP Sh138 trillion
Uganda GDP rate +3.1%
Electricity output 1254MW
Paved roads 5600km
National IT backbone, 49 districts
Internet bandwidth $70/Mbps
UDB sh1 trillion injection
Domestic arrears pay 673bn
VAT refund 120bn
Waive tax interest 50bn
UDC 138bn injection
SACCOs 94bn fund
Postpone PAYE 65bn
NAADS e-voucher 300bn
Assistance to >80yr olds, 107bn
Covid vulnerable 130bn
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has decried low tax collections in Uganda, which he says are very low compared to other countries in the region.
“Uganda has the lowest tax to GDP ratio. It’s 14.3% . Some African countries go up to 18-20%. In Europe up to 40%. So what’s the problem? There’s been a lot of corruption at URA,” Museveni said, in his remarks after Minister Matia Kasaija and presented his 2020-2021 budget estimates.
Museveni said there were many opportunities to raise revenue in the country, citing rentals as an example.
“About rentals; this is cheating; someone who has over 40 units and is claiming that he is building new ones. We are saying that pay tax for the houses. That is why we have very low tax collection.,” he said.
Museveni explained that the country is paying a lot of money in interest because government is borrowing, which can be halted if more tax is collected.
“There is a lot of collusion and people who are not paying taxes. This is corruption. There has been a lot of corruption in the URA but I have thoroughly cleaned it. We have dispersed the URA crowd. We shall clean all other institutions that have corrupt people.”
FULL Uganda Budget-speech 2020-2021 by The Independent Magazine on Scribd
