Tag Archives: budget

Kampala, Uganda | THE INDEPENDENT | The budget allocation for the agriculture sector will in the next financial year pass the 1 trillion Shillings mark for the first time in what officials say will cater for research, fertilizers and coffee strategy. The allocation to the sector will grow by 300 billion …

  Kampala, Uganda | THE INDEPENDENT | Parliament has approved 1.6 trillion shillings supplementary budget request by government for the current financial year 2018/2019. Part of the money will cater for the on-going President Yoweri Museveni’s countrywide tour on wealth creation. The approved Supplementary is in addition to the current 2018/2019 budget …

Kampala, Uganda | THE INDEPENDENT | The Budget Committee of parliament will not allocate operational funds to Uganda National Airlines Company Limited until a substantive board is put in place. Government is seeking Shillings 59.2 billion for the operations of the national carrier for the 2019/2020 financial year. The money is …

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY FIVE reasons why Shs40 trillion budget is bad: Experts expose how Museveni is destroying economy: THE LAST WORD Our country’s misguided priorities: How the debate on Lubowa hospital exposes the self-indulgence of Ugandan elites …

Kampala, Uganda | THE INDEPENDENT | Economists have warned against over running government budgets saying the move will distort government’s planning processes. Recently, the Ministry of Finance, Planning, and Economic Development (MoFPED) released the Economic Performance report for January 2019. The report revealed that government spent Shs1.286 trillion instead of …

Washington, United States | AFP | Donald Trump signed the first veto of his presidency Friday, overriding congressional opposition to secure emergency funds to build more walls on the US-Mexico border. Trump declared in the Oval Office that he was “proud” to sign the veto. It came after he suffered …

Escalating tax arrears likely to hurt service delivery, CSOs warn Kampala, Uganda | THE INDEPENDENT |  Civil Society Organizations (CSOs) have expressed concern over the growing tax arrears worth Sh2.7 trillion which government has failed to pay on behalf of contractors. Regina Navuga, a program officer at Southern and Eastern …

  Kampala, Uganda | THE INDEPENDENT | Sh 34.3 trillion is the resource envelope for financial year 2019/2020, up by Sh 2 trillion from the current financial year. Of the Sh 34.3 trillion, domestic revenue collections are expected to generate Sh 18.3 trillion, according to National Budget Framework Paper. The economy itself …

`We can’t build a mixed economy when the private sector side is parasitic on the public sector’ NRM programme point No. 10. Following an economic strategy of mixed economy When the NRM government took power in 1986, it introduced a 10-point programme. Point No.10 on the programme was to pursue …

Kampala, Uganda | THE INDEPENDENT | The Education sector  in Uganda is seeking an additional funding of sh 348.6 billion in the next financial year 2019/2020. The funds will cater for activities that include recruitment of primary teachers, aiding community schools and the student’s loan scheme among others. The education …