Kampala, Uganda | THE INDEPENDENT | The Public-Private Partnership (PPP) Unit in the finance ministry has called for more investment in feasibility studies and public-private partnerships to ensure value for money in project development. While appearing before the Committee on Finance, Planning and Economic Development on Monday, 16 January 2023, Jim Mugunga, …
Read More »IMF says Uganda has requested for yet another loan
Kampala, Uganda | THE INDEPENDENT | The Washington based International Monetary Fund (IMF) has revealed Uganda government approached it for another loan and discussions are progressing well. The IMF spokesperson Gerry Rice yesterday revealed that Uganda requested for a three-year loan arrangement. The loan could be in the range of $900 …
Read More »Finance Ministry misallocates local revenue
Kampala, Uganda | THE INDEPENDENT | More than 100 Districts and lower local government authorities are crying foul following the misallocation of local revenue funds by the Finance Planning and Economic Development Ministry this financial year, Uganda Radio Network has learnt. The Entebbe Municipal Mayor, Vincent Kayanja, says the misallocation of …
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