Tag Archives: budget

Washington, United States | AFP | President Donald Trump teased a budget plan Monday that includes a nearly 10 percent increase in defense spending and a “large reduction” in foreign aid. Previewing measures aimed at backing up campaign promises with dollars and cents, Trump promised a “public safety and national …

Government is taking steps in ministries and departments intended to reduce and solve the problem of increasing domestic arrears, the Minister of State for Finance David Bahati has said. One of the steps, the minister said was instituting prepaid systems for utilities. “The biggest part of domestic arrears is on …

Abuja, Nigeria | AFP | Nigeria’s President Muhammadu Buhari proposed Wednesday a multi-billion dollar jump in spending designed to lift the nation out of the “most challenging economic situation” in its history. He pitched his NGN 7.3 trillion budget ($23 billion) proposal for 2017 — a 20 percent boost over …

Uganda National Roads Authority (UNRA) needs an additional sh400 billion to adequately fund road maintenance and network operations. The current budget of sh246.9 billion is inadequate to fund all the necessary activities to keep the network in good condition and fully functional, UNRA Executive Director Allen Kagina has said. In …

Uganda Revenue Authority (URA) Commissioner General Doris Akol has revealed that revenue collections have grown by 16% this year. Revenue collected by the URA, has also helped fund about 61% of the Government Expenditure Budget. Akol made the revelations in an end-of-financial-year statement Monday, in which she hailed taxpayers of …

World Bank shows the way for Uganda to get more from every shilling it invests The World Bank (WB) on June 6 unveiled its 7th Economic Update on Uganda at a ceremony in Kampala. The update, which is a bi-annual assessment of the state of the country’s economy, analyses the …

Is Museveni serious this time? The government is planning to increase public spending in the next financial year but some experts say it is punching above its weight. This could be true since the country is getting low returns on its large infrastructure projects. Since winning his fifth five-year term, …

Ailing health sector: Sector gets increment but worries over heavy dependence on donors persist Every time the budget is presented, citizens take a hard look at the allocation to the health sector. This year, the government has unveiled an ambitious budget of Shs26trillion of which Shs1,826.49bn is going to the …

The Uganda Revenue Authority together with the Ministry of Finance, Planning and Economic Development on Monday held a seminar to help tax payers understand what they are up against in the budget that was read last week. “We are here to help the ordinary person understand how the budget affects …

Health sector gets increment but worries over heavy dependence on donors persist Every time the budget is presented, citizens take a hard look at the allocation to the health sector. This year, the government has unveiled an ambitious budget of Shs26trillion of which Shs1,826.49bn is going to the health sector …