Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Physical Infrastructure Committee have tasked the Ministry of Finance, Planning and Economic Development to provide funds to procure road maintenance equipment for the new districts. The committee recommends that the 60 billion Shillings that was allocated for the construction of …
Read More »Uganda’s 2022-2023 budget to focus on economic recovery
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance says the budget for the financial year 2022/2023 will mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic, among other key issues. Presenting a statement to the Budget Committee on Wednesday, 27 April 2022, the Minister of …
Read More »Parliament adopts report recommending UGX 126Bn additional funding to EC
Kampala, Uganda | THE INDEPENDENT | The House has adopted a report by its committee on Legal and Parliamentary Affairs in which MPs recommended additional budgetary allocation to the Electoral Commission (EC) to cater for administrative units elections, transfers to political parties and others. This followed the presentation of a report by …
Read More »Re-allocate Shs319 billion Lubowa hospital budget
Kampala, Uganda | THE INDEPENDENT | The Chairperson of the Finance Committee, Keefa Kiwanuka has advised the Minister of Finance to re-allocate the Shs319 billion earmarked in the 2022/2023 budget for the International Specialised Hospital in Lubowa. This was during the meeting with the Ministers of Finance, led by Matia Kasaija while …
Read More »LOP Mpuuga queries UGX 113Bn budget for deemed energy
Kampala, Uganda | THE INDEPENDENT | The Leader of Opposition Mathias Mpuuga has queried the allocation of funds in the budget towards deemed energy, describing the funds as very disturbing. Mpuuga’s statement was in response to a report by Parliament’s Natural Resources Committee on the budget estimates for the Energy and Mineral …
Read More »KCCA seeks UGX 11Bn for slums upgrade
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Presidential Affairs has called on government to provide an additional Shs11.6 billion in next financial year’s budget to support Kampala Capital City Authority (KCCA) upgrade slums. Legislators are concerned that despite the mushrooming slums in the Greater Kampala Metropolitan Area, only Shs0.5 billion …
Read More »Limited funding affecting handling of corruption cases: IGG Kamya
Kampala, Uganda | THE INDEPENDENT | The Inspector General of Government (IGG), Beti Kamya has appealed to the Legal and Parliamentary Affairs Committee to avail her institution with more funding that will partly improve the slow progress in handling corruption cases. Kamya was on Monday appearing before the committee to present …
Read More »Biden proposes 20 pct minimum tax on wealthiest in White House budget plan
Washington, U.S. | Xinhua | The Biden administration on Monday proposed a new 20-percent minimum tax on the the wealthiest, vowing to fix the tax code to ensure corporations and wealthy people “pay their fair share.” “This minimum tax would apply only to the wealthiest 0.01 percent of households – those …
Read More »Biden administration proposes 6.9 bln USD in FY 2023 budget for countering Ukraine war
Washington, U.S. | Xinhua | The administration of U.S. President Joe Biden on Monday proposed 6.9 billion U.S. dollars in its fiscal year 2023 budget proposal, which is aimed at addressing what it views as threats stemming from the military conflict between Russia and Ukraine. “This funding will enhance the capabilities …
Read More »Uganda’s per capita health expenditure far below WHO’s recommended standard
Kampala, Uganda | Isaac Khisa | Ugandan government has more than doubled the health sector budget since the Financial Year 2015/16 but it still remains inadequate, according to preliminary findings in a study carried out by a civil society organisation, Uganda Debt Network. The study set to be released next month …
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