Kampala, Uganda | THE INDEPENDENT | Government has presented a Shs40.7 trillion budget for the 2025/26 financial year, outlining significant investments across key sectors to drive economic growth and development. This is contained in the Appropriation Bill, 2025 tabled for its first reading by the Minister of State for Finance …
Read More »Govt tables Shs4.8 Trillion Supplementary Appropriation Bill
Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament the Supplementary Appropriation Bill, 2025, aimed at allocating up to Shs4.8 trillion to critical priorities including defence, security and infrastructure. The Minister of State for Finance, Planning, and Economic Development (General Duties), Henry Musasizi, tabled the Bill on behalf …
Read More »Unproductive expenditure in Uganda’s Budget
This roadblock to sustainable growth result in financial strain instead of economic gain COMMENT | JABEZ ATERAR | Uganda’s development is being held captive by a silent, yet incredibly thirsty, obstacle: unproductive government spending. Imagine, if you will, a national budget overflowing not with vital funds for education or healthcare, but with …
Read More »The 2025/26 budget should deal with our challenges – manufacturers
Kampala, Uganda | JULIUS BUSINGE | The Minister of Trade, Francis Mwebesa, has reiterated the government’s commitment to strengthening Uganda’s manufacturing sector, calling for greater collaboration between policymakers, investors, and industry players to unlock the sector’s full potential. Mwebesa who was speaking at a 2025/26 budget preparation dialogue organized by Uganda …
Read More »Police asks for sh2.5 trillion for 2025-2026 financial year
Although the Inspector General of Police, Abas Byakagaba, officially launched the implementation of sub-county policing six weeks ago, many challenges have already been witnessed, including leaving greater Kampala, which is a crime-prone area with only half of the 13,000 personnel it has been having. Kampala, Uganda | THE INDEPENDENT | …
Read More »Leaders blast government for budget cuts in Teso Ministry
Kampala, Uganda | THE INDEPENDENT | The budget cuts in the Ministry of Teso Affairs have raised concern from the leaders in the sub-region. A report from Kenneth Obote Ongalo, the State Minister for Teso Affairs, indicates that the ministry’s budget has been reduced from sh4.3 billion to three …
Read More »Repeal of Budget Act 2001 exposes MPs and Parliament
Kampala, Uganda | THE INDEPENDENT | Uganda made a big step backward by repealing a law that regulated the executive’s excesses in the budgeting process. The repeal of the Budget Act 2001 came at the peak of the contest over the allocation of resources between the Executive and the Legislative arms …
Read More »Deputy Speaker directs supplementary budget for Karuma Dam compensation
Kampala, Uganda | THE INDEPENDENT | Deputy Speaker Thomas Tayebwa has directed the Ministry of Energy and Mineral Development to prepare a supplementary budget for the compensation of individuals affected by the Karuma Dam project. This decision follows a report from the Parliamentary Committee on Environment and Natural Resources, which …
Read More »Kenya to overhaul budget after finance bill withdrawal amid protests
NAIROBI, Kenya | Xinhua | The Kenyan government is reorganizing the budget following the withdrawal of the Finance Bill 2024, which sparked protests across the country in the past three weeks, President William Ruto said Thursday. Ruto, who chaired a Cabinet meeting in Nairobi, the Kenyan capital, said the National …
Read More »World Bank: Supplementary expenditures eroding credibility of Uganda budget
Kampala, Uganda | THE INDEPENDENT | The World Bank has advised the government to focus on budget discipline this financial year if the fiscal policies are to benefit the citizens and the nation as a whole. The financial year2023/2024 was characterized not only what has been termed non-prioritized spending, but …
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