Kampala, Uganda | THE INDEPENDENT | Uganda’s first ever multidimensional poverty index report for 2021, has revealed that up to 42.1 percent of Uganda’s population lack in several socials and economic aspects of a normal human life. The survey conducted by the Uganda Bureau of Statistics, took into consideration a number of …
Read More »Gov’t presents 2022/2023 budget estimates
Kampala, Uganda | THE INDEPENDENT | Minister of State Finance (Planning), Amos Lugoloobi has presented the budget estimates for the 2022/2023 financial year totaling Shs47.2 trillion. The Public Finance Management Act requires the Minister of Finance to present annual budget estimates by 01 April of the preceding year. In his presentation …
Read More »Finance ministry, MPs disagree on budget estimates
Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee on Tuesday questioned the discrepancies in figures under the National Budget Framework Paper presented by the Ministry of Finance. Officials from the Ministry of Finance led by the Minister of State for Planning, Amos Lugoloobi appeared before the committee to formally present and …
Read More »Central Bank calls for better planning, accountability for emergencies
Kampala, Uganda | THE INDEPENDENT | The Deputy Governor Bank of Uganda, Michael Atingi-Ego has called for better planning for emergencies so that pandemics can have minimal impact. Atingi-Ego noted the need for reduction in spending on non-priority areas, postponement of capital intensive and import-dependent projects to help improve external balance …
Read More »Govt faulted on failed construction on Akii-Bua and Buhinga stadium
Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee on Education were left in shock after they discovered that a US$113 million grant from the Chinese government for construction of Buhinga and Akii-Bua stadia has not been utilized. The MPs were disturbed to learn that the Ministries of Education and Sports, …
Read More »No special recovery fund for education sector – Minister Lugoloobi
Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning, Amos Lugoloobi has told MPs that the government has no money to support a special recovery fund for the education sector. Lugoloobi instead appealed to private institutions of learning to compete for 200 billion Shillings that has been set aside …
Read More »URA owns up to West Nile shootings
Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance, Amos Lugoloobi has revealed that the Uganda Revenue Authority (URA) has taken responsibility for shootings that left one person dead and two others injured in Arua district during altercations between staff of the Authority and the local community. The …
Read More »Africa’s peer review should be people centered – Oulanyah
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Jacob Oulanyah, has urged the African Peer Review Mechanism (APRM) to ensure its findings and recommendations work in favour of the development of the ordinary Ugandan. The main thematic areas of APRM in Uganda include democracy and political governance, economic governance …
Read More »Gov’t lacks work plan for UGX 200Bn withdrawn from Petroleum fund
Kampala, Uganda | THE INDEPENDENT | There is no clear work plan for the 200 Billion Shillings that parliament has approved as an appropriation from the Petroleum Fund to partly finance the budget for the coming financial year 2021/2022. The House chaired by Speaker Rebecca Kadaga on Friday passed a 44.77 trillion …
Read More »Parliament approves UGX 44.7 Trillion budget
Kampala, Uganda | THE INDEPENDENT | Government plans to collect 22.63 trillion Shillings with over 20.83 trillion coming from tax revenue in the coming financial year 2021/2022. This is to help finance the 44.77 trillion Shillings budget passed by parliament. The approved budget is a decrease by 714.9 billion (1.6 percent) compared …
Read More »