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 »BUDGET: Museveni unhappy with low tax collections
Budget 2021 summary ✳ Resource envelope Sh45.5 trillion ✳ Revenue Sh21.8 trillion ✳ Uganda GDP Sh138 trillion ✳ Uganda GDP rate +3.1% ✳ Electricity output 1254MW ✳ Paved roads 5600km ✳ National IT backbone, 49 districts ✳ Internet bandwidth $70/Mbps ✳ UDB sh1 trillion injection ✳ Domestic arrears pay 673bn …
Read More »LIVE: Uganda budget speech 2020-2021
#UGBUDGET20 ✳ Sh45.5 trillion ✳ Cuts on travel, conferences ✳ Security Sh4.5 trillion ✳ Works Sh5.8 trillion ✳ Govt to borrow Sh11trillion ✅ 2020 – Sh45 trillion ✅ 2019 – Sh40 trillion ✅ 2018 – Sh32 trillion ✅ 2017 – Sh22 trillion ✅ 2016 – Sh20 trillion Kampala, Uganda …
Read More »BUDGET: Gov’t to cut billions off travel, focus on agriculture
#UGBUDGET20 ✳ Sh45.5 trillion ✳ Cuts on travel, conferences ✳ Security Sh4.5 trillion ✳ Works Sh5.8 trillion ✳ Govt to borrow Sh11trillion ✅ 2020 – Sh45 trillion ✅ 2019 – Sh40 trillion ✅ 2018 – Sh32 trillion ✅ 2017 – Sh22 trillion ✅ 2016 – Sh20 trillion Kampala, Uganda | …
Read More »Magyezi intervenes in Nansana budget wrangle
Wakiso, Uganda | THE INDEPENDENT | Local Government Minister, Raphael Magyezi has blasted Nansana Municipality leadership for failure to pass the 2020/2021 budget. The Municipality in Wakiso District has over the past two months failed to pass the over twenty three billion shillings budget due to wrangles between the Executive and …
Read More »IN THE INDEPENDENT: Election budget shoots to sh870bn
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY 2021 election budget: Panic over jump from Shs400bn to Shs870bn THE WEEK Education: Gov’t scraps end of term exams , student projects introduced THE LAST WORD GDP and improved health: How sustained economic growth …
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