Kampala, Uganda | THE INDEPENDENT | Ndorwa East Member of Parliament Wilfred Niwagaba says ministers of finance are standing in the way of tabling proposals through which the Ugandan Opposition is seeking amendments to the Constitution that would lead to changes in the setup of government. Niwagaba, the shadow attorney …
Read More »AU slashes Pan African Parliament budget by USD 4m
Kampala, Uganda | THE INDEPENDENT | The African Union (AU) has slashed the Pan African Parliament (PAP) budget for the 2020 financial year by US Dollars 4 million. Although the PAP had requested and passed a budget of US Dollars 20.79 million during its May 2019 plenary sitting in South …
Read More »Nigeria’s Buhari unveils record $33.8 billion budget
Abuja, Nigeria | AFP | Nigerian President Muhammadu Buhari on Tuesday unveiled a record budget plan to lawmakers, ramping up ambitious spending goals for his second term in charge. The draft budget increased more than 13 percent from last year at 10.33 trillion naira — around $33.8 billion (30.8 billion …
Read More »KASAIJA: We are stuck with 300 newly created sub-counties
Kampala, Uganda | THE INDEPENDENT | Government is stuck with newly created administrative units across the country. “Government is currently stuck with about 300 newly created sub-counties and 200 Town Councils over lack of money to fund their operations,” Finance Minister Matia Kasaija revealed recently. He made the remarks during …
Read More »Mubende hospital director pinned over UGX 777m expenditure
Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC) has faulted the Mubende Regional Referral Hospital Director, Alex Andema over a 777.8 million Shillings wrongly expenditure on a stalled building. Andema and other hospital officials on Tuesday appeared before the committee chaired by Budadiri West MP Nathan Nandala Mafabi …
Read More »Uganda’s budget dilemma
How our government’s attempts to do too many things for all citizens spreads our meager resources too thin THE LAST WORD | ANDREW M. MWENDA | Poor countries suffer a fundamental contradiction in both design and aspiration. The state is designed and thus seeks to perform functions exactly like states …
Read More »CEOs take on the new budget
They see opportunities for business, economy in FY2019/2020 Kampala, Uganda | JULIUS BUSINGE | Conversations on the recently read new budget are gaining momentum amongst key players like chief executive officers of corporate firms. The executives, from key sectors of banking, manufacturing, industry, information technology, agriculture, trade are believed to …
Read More »Kasaija’s budget transparency initiative
It aims at putting citizens at the centre of its formulation, implementation Kampala, Uganda | JULIUS BUSINGE | “The budget is no longer interesting to us. We no longer listen to it because it does not give information that we want as farmers. Many years ago, the minister would read …
Read More »How 2019/2020 Budget will be financed
Kampala, Uganda | THE INDEPENDENT | Government plans to collect 20.4 trillion Shillings with over 18.87 trillion coming from tax revenues in the coming financial year. Only 1.5 trillion Shillings is expected from Non-Tax Revenue (NTR) sources, so as to finance the 10.48 trillion Shilling 2019/2020 financial year budget. Uganda …
Read More »LIVE: Matia Kasaija’s Sh40 trillion budget
▶ THEME: Industrialization for Job Creation & Shared Prosperity 💠 2019 – Sh40 trillion 💠 2018 – Sh32 trillion 💠 2017 – Sh22 trillion 💠 2016 – Sh20 trillion ▶ Domestic financing 74.5 percent ▶ External Financing 25.5 Top ✅ Works-Transport Sh6.4 trillion ✅ Security 3.6 trillion ✅ Education 3.2 trillion Bottom …
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