Seoul, South Korea | THE INDEPENDENT | Uganda and the Republic of Korea signed a $500 million (Shs1.9 trillion) loan Framework Agreement, marking a significant boost to bilateral relations and economic cooperation. The signing ceremony, coinciding with the conclusion of the First Korea-Africa Summit, took place at the Korean Ministry …
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The government is committed to investing in the population through various vehicles including the Parish Development Model Kampala, Uganda | THE INDEPENDENT | Uganda’s government, in collaboration with development partners, has long focused on wealth creation initiatives among the population. However, Finance Minister Matia Kasaija believes these efforts can achieve significantly …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development will today launch the National Budget Month 2024/2025, to give the context around the 72 trillion budget for next year. The Budget Month events are part of the ministry’s compliance with the Public Finance Management Act …
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Kampala, Uganda | THE INDEPENDENT | This Ministry of Finance, Planning, and Economic Development has issued a fresh warning on government performance next financial year, citing the increased financial risks. This, the Fiscal Risk Statement warns, is likely to reverse the recent economic gains and disrupt the external debt reduction plans …
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Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Minister of Finance, Planning, and Economic Development has underscored the importance of Uganda’s oil and gas exploration, emphasizing an unwavering commitment to the project’s seamless progression. During a visit to the Kingfisher Development Area (KFDA) in Buhuka village, Kyangwali sub-county in Kikuube district …
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Kampala, Uganda | THE INDEPENDENT | The Minister for Finance and Economic Development, Matia Kasaija, has appealed to the Uganda Revenue Authority (URA) to devise effective tax collection strategies to bolster the country’s economy. His primary aim is to reduce the nation’s dependence on debt, a situation that has become …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has launched the 2024/2025 national budget process, with the aim of growing the economy by at least 6 percent during the year and 7 percent in the medium term. The Theme for the next budget remains …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s public debt to GDP will reduce by the end of this financial year as the government tries to ensure economic stability and future growth. According to Finance Minister, Matia Kasaija, Uganda’s public debt stood at 80.2 trillion shillings or over twenty-one billion dollars …
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Kampala, Uganda | THE INDEPENDENT | The ongoing investigations into the conduct of the National Social Security Fund-NSSF former Managing Director, Richard Byarugaba will not in any way affect the members’ savings, Finance Minister, Matia Kasaija has said. This comes almost three weeks after the president, Kaguta Yoweri Museveni on …
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Commissioner General John Musinguzi outlines ways of hitting this target | THE INDEPENDENT | Uganda Revenue Authority Commissioner General John Rujoki Musinguzi has outlined his plan that will make it possible for him to achieve the Shs25.1tn target for FY2022/23 set by the Minister of Finance Planning and Economic Development. …
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The Independent Uganda: You get the Truth we Pay the Price