London, UK | Xinhua | Liz Truss, prime minister of the United Kingdom (UK), on Wednesday defied calls to resign after almost all the measures in her government’s economic blueprint had been scrapped following market turmoil. Responding to a question from the opposition Labour leader Keir Starmer on why she should …
Read More »Uganda’s fiscal deficit is worrying: Minister Musasizi
Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance in charge of General Duties, Henry Musasizi has raised concerns over the country’s high fiscal deficit saying it’s worrying. Parliament in May this year passed a budget of 48.1 trillion shillings for the financial year 2022/23. However, out of the total …
Read More »Parliament to budget for contingency fund to curb supplementaries
Kampala, Uganda | THE INDEPENDENT | Legislators have committed to budget for a contingency fund in the next budget cycle after it was left out in the Financial Year 2022/2023 budget. The commitment came on Wednesday, September 21, 2022, during plenary when the Vice-Chairperson of the Budget Committee, Ignatius Wamakuyu, reported that …
Read More »KCCA speakers make big gains in new law
Kampala, Uganda | THE INDEPENDENT | Parliament has amended the Kampala Capital City Authority Act 2010 to allow the responsible minister to determine emoluments payable to the authority speaker and deputy speaker as well as their urban division counterparts. In an uncontested amendment, MPs empowered the Kampala Capital Authority Minister to, in …
Read More »EU, private sector slam low funding for tourism sector
Kampala, Uganda | THE INDEPENDENT | The European Union has joined the Ugandan tourism sector and the civil society to demand increased government funding for the sector. The tourism sector is Uganda’s top foreign exchange earner, valued at US$ 1.6 billion in 2019/2020, while the number of foreign visitors was about …
Read More »Open Budget Survey shows Uganda is yet to fully avail budget information to the public
Kampala, Uganda | THE INDEPENDENT | Uganda has been ranked best in East Africa in the Open Budget Survey but falls below vital threshold. The survey carried out by Uganda Debt Network in partnership with the US-based International Budget Partnership shows the country scored an average of 58 out of 100 …
Read More »Buganda Kingdom approves UGX 157.8Bn budget
Kampala, Uganda | THE INDEPENDENT | Buganda Kingdom’s Lukiiko has approved a budget totaling 157.84 billion Shillings to support different activities of the monarchy in the coming financial year 2022/2023. The budget was approved following its presentation by the Kingdom Minister of Finance, Robert Waggwa Nsibirwa. The new budget under the …
Read More »CSBAG urges govt on 2022/23 budget
Kampala, Uganda | THE INDEPENDENT | Civil Society Budget Advocacy Group has commended the government for putting together a pro-people 2022/23 budget, but has outlined areas that it wants prioritised so as to achieve tangible results. Speaking at a post-budget event held in Kampala on June 23, Julius Mukunda, …
Read More »Lacor hospital protests primary health care budget cut
Gulu, Uganda | THE INDEPENDENT | St. Mary’s Hospital Lacor in Gulu is protesting the more than 50 percent reduction of its primary health care budget. The hospital director, Dr. Martin Ogwang, says that they have been receiving Shillings 600million under primary health care, which accounts for 5 percent of the …
Read More »‘Safeguard Uganda’s properties & trade interests in Kenya’
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Budget has asked Uganda’s High Commission in Kenya to maintain government properties in good shape so that they can generate sufficient revenue to finance the national budget. In a meeting with High Commission officials in Nairobi led by Head of Mission, Ambassador …
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