Kampala, Uganda | THE INDEPENDENT | Gulu district local government has laid out a proposed budget of 30 billion shillings for 2020/2021 financial year with health and education as top priorities. The budget was laid out in a two days district budget conference which started on Wednesday morning and concluded on …
Read More »Gov’t unveils UGX 40.7 Trillion budget proposals for FY 2021/2022
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has unveiled a 40.7 trillion Shillings budget for the financial year 2021/2022. The proposed figure is less of the current budget by 11 trillion Shillings. Parliament initially approved 45.49 trillion Shillings budget for the current financial year which started on …
Read More »Parliament rejects gov’t motion seeking reallocation of funds to new cities
Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday resolved to reject a motion tabled by the Minister of State for Planning David Bahati which sought to re-allocate funds in the financial year 2020/2021 budget to operationalize the newly created cities. On 28th April, Parliament approved the creation of 15 new …
Read More »Uganda drops in budget transparency survey
Kampala, Uganda | THE INDEPENDENT | Uganda has once again dropped in Open Budget Survey ranking owed to low public participation in the budgeting process. The survey carried out by Uganda Debt Network in partnership with the US-based International Budget Partnership shows that Uganda recorded an average score of 58 out …
Read More »Nansana municipality budget approved five weeks after deadline
Kampala, Uganda | THE INDEPENDENT | Nansana municipality has finally passed its annual budget estimates almost five weeks after the deadline stated by law. The municipality in Wakiso district failed for more than three months to pass the over 23 billion Shillings budget due to wrangles between the executive and …
Read More »Buganda Lukiiko approves UGX 109Bn budget
Kampala, Uganda | THE INDEPENDENT | Buganda’s Lukiiko has approved a budget of Shillings 109.7 billion to support different Kingdom activities in the 2020/2021 financial year. The budget presented on Monday afternoon by the Kingdom Finance Minister, Robert Waggwa Nsibirwa is Shillings 13 billion less compared to the current financial …
Read More »Education gets lion share of budget in Teso region
Soroti, Uganda | THE INDEPENDENT | The education sector has taken a lion share in the budget estimates for 2020/2021 financial year across the districts in the Teso sub region. In Kumi district, the education budget increased by more than 600,000 shillings from the current financial year budget of 10.1 …
Read More »Finance Minister asked to explain variance in budget figures
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has summoned the Minister of Finance Matia Kasaija to explain the variance in figures presented during his budget speech which was presented last week. This follows an observation of inconsistencies in the figures that were approved by Parliament …
Read More »IN THE INDEPENDENT: Experts dig in on Uganda’s 45T budget
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Tough budget: What finance experts say about Shs45.4tn, debt, taxes THE LAST WORD The trouble with URA: Why Museveni’s focus on corruption as the biggest problem of tax administration misses the big picture …
Read More »Private sector, CSOs hail gov’t for tax relief, recapitalizing of UDB
Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation and Civil Society Organisations have welcomed the budget saying it reflects Uganda’s current situation and looks at reviving vital sectors. On Thursday, the Minister for Finance Matia Kasaija passed 45 trillion shillings budget for the 2020/2012 financial year. Dr Elly …
Read More »