Kampala, Uganda | THE INDEPENDENT | A section of local government accounting officers from Acholi sub-region have attributed delays in submitting their budget estimates for FY2022/23 to system errors on the Ministry of Finance Programme Budgeting System [PBS] software. This comes days after the Permanent Secretary in the Ministry of Finance, …
Read More »Economy to grow at six percent in Shs47.2 trillion budget – Minister
Kampala, Uganda | THE INDEPENDENT | With ravages of COVID-19 which swept the economy down to a growth rate of three per cent, government is hoping to get to pre-pandemic levels of six per cent per annum in Financial Year 2022/23. President Yoweri Museveni, through finance minister Matia Kasaija, last week tabled …
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 »Expedite presentation of budget estimates: Tayebwa
Kampala, Uganda | THE INDEPENDENT | The Finance Minister is expected to present the final budget estimates for financial year 2022/2023 to Parliament by Thursday, 31 March 2022. While chairing the House on Tuesday, 29 March 2022, Deputy Speaker Thomas Tayebwa quoted Section 13 of the Public Finance Management Act and Rule …
Read More »Ministries fail to submit policy statements for financial year 2022/2023
Kampala, Uganda | THE INDEPENDENT | Several government ministries have failed to lay before Parliament their ministerial policy statements and budget estimates for the next financial year 2022/2023. They include the Ministry of East Africa Community Affairs headed by Rebecca Kadaga, the Ministry of Trade, Industries and Co-operative under the leadership …
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