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Tag Archives: Finance Ministry

Budget Committee queries gov’t priorities for next financial year

Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has questioned Finance Ministry officials on the set priorities for next financial year without increase in the budget allocations. This was during the Monday meeting in which Henry Musasizi, the Minister of State for Finance presented the budget estimates for the coming financial …

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Finance minister presents Shs 49.9 trillion national budget framework

Kampala, Uganda | THE INDEPENDENT | Government has tabled the National Budget Framework Paper totaling Shs49.9 trillion for the Financial Year 2023/2024. The document, which paves way for the budget approval process by Parliament, was tabled during plenary sitting on Friday, 23 December 2022 by the Minister of Finance, Planning and …

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Auditor General urges Parliament action over unspent public funds

Kampala, Uganda | THE INDEPENDENT | The Office of the Auditor General (OAG) has recommended that Parliament indulges the finance ministry to report unspent funds for each financial year. John Muwanga, the Auditor General, accompanied by his management team, were appearing before the finance committee on Tuesday, 15 November 2022, to …

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Experts call for an end to non-tariff barriers, tax exemptions

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority must collect 2 trillion shillings in less than 10 days left to the end of the financial year, but the tax body is worried of emerging cross-border conflicts between neighbors. This is one of the challenges that the East African countries are …

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Muhakanizi distances self from Shs10.6 billion compensation funds

Kampala, Uganda | THE INDEPENDENT | The former Secretary to the Treasury (PSST), Keith Muhakanizi has distanced himself from the processes that saw the disbursement of supplementary funds by the Finance Ministry for land compensations. Muhakanizi said that he was on sick leave during the process of the payments adding that his …

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CAOs bypassing district councils on budget scrutiny

Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Thomas Tayebwa, is perturbed by reports that Chief Administrative Officers (CAOs) are undermining the powers of district councils by submitting budgets to the finance ministry without scrutiny by the councils. Tayebwa said he had received reports from district councillors and speakers …

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MPs reject proposal to give ministries power over non-tax revenue fees

Kampala, Uganda | THE INDEPENDENT | The Committee on Finance, Planning and Economic Development has thrown out a proposal by the finance ministry that grants government Ministries, Departments and Agencies (MDAs) the discretion of setting user fees for services that are considered non-tax revenues. Non-Tax Revenue (NRT) is charged against services …

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Legislators worried about high cost of essential commodities

Kampala, Uganda | THE INDEPENDENT | The high costs of essential household commodities are worrying and Members of Parliament want government to take action and stall rising prices. Kampala Central Member of Parliament, Mohammed Nsereko said the concerns of high fuel prices have now shifted to the increased prices of soap, …

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