Tag Archives: Finance Ministry

📌 BMAU Assessment guide  90% and above Very Good (Achieved at least 90% of outputs and outcomes) 70%-89% Good (Achieved at least 70% of outputs and outcomes) ✅ MOH – 50%-69% Fair (Achieved at least 50% of outputs outcomes) 49% and below Poor (Achieved below 50% of outputs and outcomes) Source: BMAU …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Health has disputed accountability flaws in the procurement and nationwide distribution of non-medical masks meant to curb the spread of the coronavirus (COVID-19). The flaws are highlighted in a report by the Budget Monitoring and Accountability Unit in the Ministry of …

Kampala, Uganda | THE INDEPENDENT | Parliament has tasked the Finance Ministry to investigate Platinum Credit Limited and Bayport for alleged exploitation of borrowers. Platinum Credit Limited is a micro finance company that offers emergency loans to borrowers among others. Bayport on the hand offers short term loans, medium-term loans, …

Kampala, Uganda | THE INDEPENDENT | Uganda has once again dropped in Open Budget Survey ranking owed to low public participation in the budgeting process. The survey carried out by Uganda Debt Network in partnership with the US-based International Budget Partnership shows that Uganda recorded an average score of 58 out …

Kampala, Uganda | THE INDEPENDENT | The monthly gold exports dropped to the lowest in March as coronavirus shutdown countries that consume most of Uganda’s gold. According to the Finance Ministry, Uganda’s gold exports fell to 1,199 kilograms in March 2020 down from 1,955 kilograms exported in February. The volume …

  Kampala, Uganda | THE INDEPENDENT | Ministry of Finance, Planning and Economic Development has released Shillings 165 million to districts to intensify the campaign against the COVID-19 pandemic. It follows the approval of a supplementary budget of Shillings 304 billion by parliament last week to combat the spread of …

  Kampala, Uganda | THE INDEPENDENT | The Leader of Opposition in Parliament, Betty Aol Ocan has asked the Budget Committee to approve her proposal for a special audit of the Consolidated Fund. She says the special audit should be undertaken with the “purpose of ascertaining the extent of unspent …

Kampala, Uganda | THE INDEPENDENT  | The Finance Ministry has presented a supplementary expenditure report of shillings 437.631 billion for the 2019/2020 financial year to parliament for consideration. The additional expenditures are one percent of the total national budget of UGX 40.5 trillion for the 2019/2020 financial year. The Public …

Kampala, Uganda | THE INDEPENDENT  | The Uganda Government and Allied Workers Union, has asked government to focus on improving the salaries of civil servants other focusing on elections. This comes a week after the Finance Ministry, said government will not be in position to meet salary enhancement requirements for …

Kampala, Uganda | THE INDEPENDENT  | The Finance Ministry is considering introducing a policy that sets standard rates for private audit firms that provide services to microfinance institutions. The Microfinance State Minister, Haruna Kyeyune Kasolo, says the ministry is concerned about the exorbitant costs microfinance institutions are incurring to procure …