Tag Archives: budget

✅FY 2024/25 is the 5th & final implementation year of NDP3. NDP4 will implement the first 5 years of the strategy for growing the economy 10-fold. ✅The economy sustained recovery from the effects of COVID-19,growing at about 6% in FY 2023/24,compared to 5.3% in FY 2022/23 & 4.6% in FY …

Kampala, Uganda | THE INDEPENDENT | The civil society groups in Uganda have termed the next national budget ineffective in answering the country’s pressing needs. The Minister of Finance, Planning and Economic Development is due to present this Thursday a sh72 trillion budget, which was revised at the last minute …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development will today launch the National Budget Month 2024/2025, to give the context around the 72 trillion budget for next year. The Budget Month events are part of the ministry’s compliance with the Public Finance Management Act …

Mbarara, Uganda |  THE INDEPENDENT | Mbarara City Council has reduced its budget for the next financial year by 15 billion shillings The City Council on Friday approved 51.4 billion shillings down from 66.89 billion shillings for the financial year 2023/2024. While presenting the budget estimates Ronald Taremwa, the Secretary for …

The biggest portion of the budget, Shs32.3 trillion, will be sourced from domestic revenue, while other sources include budget support and domestic financing Kampala, Uganda | AGENCIES | Uganda’s Parliament approved a substantial national budget for the fiscal year 2024/2025, setting an ambitious Shs72.136 trillion financial blueprint after ratifying the Appropriations …

Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday passed a Sh72.130 trillion national budget, up from an earlier proposed total of Sh58 trillion. This is a Sh20 trillion increment from the last financial year budget of Sh52 trillion. Parliament Watch @pwatchug indicates that, payment of Uganda’s public debt commands the lion’s …

But expert opinions diverge on the suggested tax measures aimed at bolstering the government’s spending strategy Kampala, Uganda | THE INDEPENDENT | Uganda government is proposing to raise spending by 10% to Shs 58.3 trillion in the upcoming FY 2024/25 amidst concerns of budget cuts including parliament. The proposed budget presented …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) has failed to defend their budget item of Shs3.363 billion allocated for the general use of goods and services. In a session held on Wednesday, 20 March 2024, UNBS led by Acting Executive Director, Daniel Nangalama, presented the …

Kampala, Uganda | THE INDEPENDENT | Concerns on the increasing public debt burden continue to dominate debate and this time, Deputy Speaker, Thomas Tayebwa has directed the Committee on National Economy to make an assessment on the country’s public debt and report back to Parliament. Tayebwa made the directive during the …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development has directed government statutory bodies to prioritise their expenditures even though the constitution gives them the freedom to use their money as they wish. This comes after the recent public reactions towards the purchase of high-end new …