Kampala, Uganda | THE INDEPENDENT | Government has tabled a loan request of US$117.26 million (Shs446.7 billion) to be borrowed from Standard Chartered Bank to finance the construction of the Kitgum-Kidepo road. The Minister of State for Finance, Planning, and Economic Development (Planning), Amos Lugoloobi, tabled the request during the plenary …
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Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has allowed an application in which State Minister for Finance and Economic Planning Amos Lugoloobi sought relaxation of bail terms imposed on him. In April, Lugoloobi was arraigned in the Anti-Corruption Court and charged with dealing with suspect property after …
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Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has issued a criminal summons against State Minister for Finance and Economic Planning Amos Lugoloobi after failing to appear in court. The summons were issued on Friday by Chief Magistrate Moses Nabende after a request by State Attorney Safina Bireke. …
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Kampala, Uganda | THE INDEPENDENT | The Secretary to Treasury, Ramathan Ggoobi, has told MPs that the Ministry of Finance is in the process of streamlining tax incentives to ensure their effective implementation. Ggoobi was on Thursday appearing before Parliament’s Finance Committee together with the Minister of State for Planning, Amos …
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Kampala, Uganda | THE INDEPENDENT | Parliament has approved a request for government to borrow up to US$331.5 million, from the International Development Association of the World Bank Group, upon which it will obtain a grant worth US$ 276.5 million. The loan is for financing the Electricity Access Scale Up Project (EASP), …
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Kampala, Uganda | THE INDEPENDENT | Government has been urged to develop a clear equitable allocation formula for funds under the Parish Development Model (PDM) that takes into consideration different demographic, geographical and socio-economic dynamics. According to Parliament’s Committee on Public Service and Local Government, the criteria for allocation of the funds …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance, Planning and Economic Development (Planning), Amos Lugoloobi, has said that government will now pay the Parish Development Model (PDM) monies in instalments due to cash flow problems. Lugoloobi was on Tuesday, August 23, 2022, appearing before the Committee on Finance …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have expressed discontent over the prolonged delay by government to release money to the Road Fund for maintenance of roads. MPs were dismayed that even when funds are released late, they are insufficient and have left many roads dilapidated. Kitgum District Woman MP, …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance, Planning and Economic Development (Planning) Amos Lugoloobi, has revealed that some parishes will in the Financial Year 2022/2023, receive more money than others under the Parish Development Model (PDM). The minister made the revelation while presenting a statement to the …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance in charge of Planning, Amos Lugoloobi has asked lawmakers to conduct extensive research on the Local Content Bill arguing that in its current form, 90 per cent of the proposed law is procurement related. The Private Member’s Bill seeks to …
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