Tag Archives: Matia Kasaija

Kampala, Uganda | THE INDEPENDENT |  For the second time in two months, members of Parliament’s Budget Committee have humiliated Finance Minister Matia Kasaija over his baffling requests for funding. Late January Kasaija’s request for sh481 billion shillings to recapitalise Bank of Uganda was thrown out and the central bank also …

Kampala, Uganda | THE INDEPENDENT | Finance Minister Matia Kasaija has written to President Yoweri Museveni clarifying that the information on which he based a decision for the suspension of the Democratic Governance Facility – DGF was wrong. President Yoweri Museveni had earlier on ordered the suspension of the Democratic Governance …

Kampala, Uganda |  THE INDEPENDENT  |  Members of Parliament have questioned President Yoweri Museveni’s directive to the Ministry of Finance to suspend activities of the Democratic Governance Facility (DGF) in the country over alleged subversion of government activities. DGF is the single biggest donor basket established by Development Partners to provide …

  Kampala, Uganda |  THE INDEPENDENT | The Minister for Finance, Matia Kasaija has said that he had initially opposed the idea of reviving the National Airline.  According to Kasaija, when the idea was fronted in the cabinet he and other ministers were of the view that the government should slow down …

Kampala, Uganda | THE INDEPENDENT | The Central Bank does not need recapitalization in the 2021/2022 financial year according to Deputy Governor Michael Atingi-Ego. He disclosed this while appearing before the Budget Committee of parliament on Wednesday. He was appearing on the request of the committee to clarify on the Shillings …

Kampala, Uganda | THE INDEPENDENT | Henry Musasizi, the chairperson of Finance Committee of Parliament is suspicious that the government could be siphoning funds meant for the recapitalization of the Central Bank. He disclosed his suspicions during a meeting between legislators on the Budget committee, officials from the Ministry of Finance …

Kampala, Uganda | THE INDEPENDENT | Members of the Budget committee of Parliament have demanded for an audit into the funds received by government to handle the COVID-19 pandemic. The demand was put to the Finance Minister Matia Kasaija who appeared before the committee on Monday to present government priorities in …

Kampala, Uganda |  THE INDEPENDENT | A pleasant welcome awaits the freshly elected and re-elected members of Uganda’s parliament – all 520 of them. The Minister of Finance Matia Kasaija is hunting for sh165bn to avail Parliament a budget for MPs motor vehicle allowances in the 11th Parliament. Divided by about 520 …

Kampala, Uganda |  THE INDEPENDENT | The Government plans to spend 1.826 Trillion Shillings on repayments of external debt next financial year, up from 1.12 trillion Shillings in the current year. The increase is attributed to an increase in non-concessional financing.    Non-concessional loans usually carry commercial interest rates which are …

Kampala, Uganda |  THE INDEPENDENT | Finance, Planning and Economic Development Minister, Matia Kasaija has sailed through unopposed as the Buyanja West member of parliament in Kibaale District following the withdrawal of his sole opponent, Paul Kyalimpa. Kyalimpa quit the race following his appointment as the Deputy Director-General Uganda Investments Authority, …