Kampala, Uganda | THE INDEPENDENT | Headteachers in government-aided learning institutions are up in arms over the decision by the Ministry of Finance asking them to return funds they had received for the second term in the fourth quarter of the 2019/2020 financial year. On July 22, Keith Muhakanizi, the …
Read More »Expect no growth in 2020 – Muhakanizi
Kampala, Uganda | THE INDEPENDENT | The Secretary to the Treasury, Keith Muhakanizi has said Uganda will be lucky to grow at all in the calendar year 2020, underlining the extent of battering the coronavirus (COVID-19) has had on the country’s economy. Muhakanizi was today speaking at an event to …
Read More »36 districts fail to submit draft budget estimates
Soroti, Uganda |Â THE INDEPENDENT |Â Â 36 districts have failed to to submit draft budget estimates, work plans and performance contracts for the financial year 2020/2021. The revelation is contained in the letter addressed to the Permanent Secretary, Ministry of Local Government by Keith Muhakanizi, the Permanent Secretary Ministry of Finance, …
Read More »Gov’t to prioritize salaries, security- Ministry of Finance
Kampala, Uganda | THE INDEPENDENT | Government has classified wages and salaries of civil servants, Ministry of Health spending and security as priority spending in the foreseeable future until the country can contain the COVID-19 scourge. Secretary to the Treasury Keith Muhakanizi said in a statement to all accounting …
Read More »Education, finance ministries failed to coordinate transfer of money to students in China- Bahati
Kampala, Uganda | THE INDEPENDENT |  Government has blamed the erroneous transfer of 2.2 billion shillings to students in China to lack of coordination between the Ministry of Finance, and that of Education. In a letter dated March 10, 2020, addressed to the Ugandan Embassy in Beijing, China, the Ministry of …
Read More »Gov’t erroneously sent UGX 2.2b to support students in China
Kampala, Uganda | THE INDEPENDENT |  Government erroneously sent Shillings 2.2 billion to support Ugandan students stuck in China following Corona virus outbreak, the Finance Ministry Permanent Secretary, Keith Muhakanizi has revealed. In a letter dated March 10, 2020, addressed to the Ugandan Embassy in Beijing, China, Muhakanizi says that the …
Read More »Accountability: Muhakanizi vows to take action against NMS
Kampala, Uganda | THE INDEPENDENT | The Secretary to Treasury, Keith Muhakanizi has vowed to take stern action against National Medical Stores-NMS for failure to account for Shillings 3.59 billion. This stems from the Auditor General’s report for the year ending 2017, which shows that items worth Shillings 3.59 billion remained undistributed …
Read More »Muhakanizi: No money for coronavirus emergency
Kampala, Uganda | THE INDEPENDENT | The Public Accounts Committee of Parliament-PAC on Tuesday afternoon established that government lacks money to handle any emergency that would arise from the coronavirus outbreak. The Secretary to the Treasury, Keith Muhakanizi revealed this while appearing before PAC to respond to queries in the …
Read More »PAC grills Secretary to Treasury over Public Debt Management
Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC) has questioned the Secretary to Treasury Keith Muhakanizi over failure to prioritize and categorize domestic arrears under the stock of public debt. Muhakanizi together with the Accountant General Lawrence Ssemakula were on Tuesday appearing before the committee to respond …
Read More »Managing current budget a big challenge-Muhakanizi
Kampala, Uganda | THE INDEPENDENT | The Secretary to Treasury Keith Muhakanizi says that wrong projections in the current 2019/2020 financial year have made management of the National Budget a big challenge. Muhakanizi was on Tuesday appearing before Parliament’s Public Accounts Committee to respond to Auditor General’s queries raised in …
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