Kampala, Uganda | THE INDEPENDENT | The Budget Framework Paper with proposals of a Shs49.98 trillion budget for Financial Year 2023/2024 has been passed by Parliament. The passing of the Budget Framework Paper is in line with the requirement of the Public Finance Management Act that sets 01 February as deadline …
Read More »MPs approve Budget Framework Paper in readiness for FY 2022/23 budget
Kampala, Uganda | THE INDEPENDENT | MPs have unanimously approved the Budget Framework Paper for the financial year 2022/23 to FY 2026/27, after harmonising positions in the minority and majority reports of the Committee on Budget. Section 9(8) of the Public Finance Management Act requires Parliament to receive and process the Budget …
Read More »MPs criticise Shs43 trillion budget proposals over misalignment of gov’t priorities
Kampala, Uganda | THE INDEPENDENT | Government has revised the Budget Framework Paper presenting the latest to Parliament’s Committee on Budget, with a Shs43 trillion spending wish for financial year 2022/23. The Budget Framework Paper provides an indication of government spending priorities and lineates boundaries within which agencies must make budget proposals. …
Read More »UGX 20.4 trillion revenue target is unrealistic -Doris Akol
Kampala, Uganda | THE INDEPENDENT | The Commissioner-General of Uganda Revenue Authority, Doris Akol has said that the 20.4 trillion shillings revenue target for the current financial year 2019/2020 is unrealistic. Akol was on Tuesday appearing before Members of Parliament to explain their financial proposals under the 2020/2021 financial year Budget …
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