Debate about effective budget implementation has continued since June 08 when Finance Minister Matia Kasaija read the budget speech at Kampala Serena Conference Centre. Kasaija, who presented his budget for the third time, hinted on corruption and laziness amongst civil servants as one of the main obstacles that would interfere with …
Read More »INDEPENDENT: How budget allows Museveni manage power
COVER STORY Behind the 2017/18 budget: How money is an important a political resource that allows Museveni to manage power. ANALYSIS Politics behind the budget: Why UDB got Shs50bn, Museveni donations Shs70bn and more. HEALTH Mercury: Slow killer in Uganda’s gold mines: Inside one of the dozens of gold …
Read More »Uganda accountants body commits to support new budget implementation
The Institute of Certified Public Accountants of Uganda (ICPAU) has committed to make any contribution that is necessary to ensuring effective implementation of the coming budget for the FY2017/2018. Derik Nkajja, the chief executive officer of the ICPAU said accountants are partners in the budget making process and cannot run …
Read More »KASAIJA: Uganda’s budget 2017-18 links agriculture to industry
Kasaija asks for greater involvement by all Ugandans in implementing new budget Finance Minister, Matia Kasaija has urged all Ugandans to roll up their sleeves and make a contribution towards the smooth implementation of the Shs 29 trillion budget for financial year 2017/18. He said in future, the Ministry …
Read More »THIS WEEK: No more direct taxes, Finance Minister says
There will be no more levying of direct taxes on individuals due to the cumbersome nature of collecting them. Finance Minister Matia Kasaija says government is now only looking at indirect taxes because they are easy for the government to collect. Kasaija told some journalists days before the budget was …
Read More »ECONOMY: Museveni optimistic Kasaija’s budget will deliver
President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …
Read More »Today is national budget speech day
The Minister of Finance, Planning and Economic Development Matia Kasaija will today present the financial year 2017/18 national budget which is expected to hit Shs29 trillion up from last year’s Shs 26.3 trillion. Kasaija will read the budget to parliament on behalf of President Yoweri Museveni who will later comment …
Read More »Uganda’s 2017/ 18 budget
Business leaders want economic reforms to boost the economy Planned government borrowing and increased taxes to fund the Shs29 trillion budget for financial year 2017/2018 have left investors and business leaders worried about the coming year, ahead of the budget announcement next week, an informal survey by The Independent has …
Read More »SH29 TRILLION: What are the key issues in the proposed Uganda budget?
Budget provided biggest share of Sh4.6 trillion to the works and transport sector representing 21%. The Sh29 trillion national budget approved by Uganda’s Parliament on Wednesday provides its biggest share to the works and transport sector with an allocation of sh4.6 trillion representing 21%. While presenting the financial year …
Read More »Kasaija convinces parliament to pass Shs29 trillion budget
Uganda’s Parliament has passed a Sh29 trillion budget for fiscal year 2017-18 on deadline day Wednesday despite stiff opposition to the amount of loans. Parliament only moved to consider the Appropriation Bill,2017 which is the final stage of the budget process, after the Deputy Speaker suspended The House for 15 minutes …
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