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Tag Archives: ministry of finance

How Uganda can cope without borrowing

Kampala, Uganda | THE INDEPENDENT | The government of Uganda has proposed a raft of measures aimed at improving public expenditure next year, but also to reduce reliance on external support, raising questions as to how half of the budget will be financed. The budget process for 2023/24 which climaxes in June …

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Gov’t releases UGX 399M for completion of Namisindwa district headquarters

Namisindwa, Uganda | THE INDEPENDENT | The government through the Ministry of Finance, Planning, and Economics Development has disbursed Shillings 399 million for the completion of the Namisindwa district local government headquarters. Namisindwa, the youngest district in Bugisu region that started in 2017, has been operating from the former Bupoto sub-county …

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‘Public servants payroll under audit’

Kampala, Uganda | THE INDEPENDENT | In a bid to rectify the recurrent challenges in remittances of pensions, gratuity and salaries of public servants, the Ministry of Finance, Planning and Economic Development (MoFPED) has instituted an audit into the payroll. This revelation was made by the Permanent Secretary and Secretary to …

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Understaffing in local gov’ts hindering service delivery: CSBAG

Kampala, Uganda | THE INDEPENDENT | The Civil Society Budget Advocacy Group (CSBAG) has appealed to the Ministry of Finance to allocate adequate funds for wages to enable local governments to recruit and fill vacant positions. According to CSBAG, understaffing and failure to fill critical positions in Local Governments such as heads …

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MPs query programme based budgeting

Kampala, Uganda |  THE INDEPENDENT | Members of Parliament want the Ministry of Finance, Planning and Economic Development to explain the recent shift to programme based budgeting from sector based budgeting. The Budget Committee on Thursday, 05 January 2023 together with other committee chairpersons was expected to meet the Ministry of …

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Finance ministry to rationalise tax incentives next year: Ggoobi

Kampala, Uganda | THE INDEPENDENT | The Secretary to Treasury, Ramathan Ggoobi, has told MPs that the Ministry of Finance is in the process of streamlining tax incentives to ensure their effective implementation. Ggoobi was on Thursday appearing before Parliament’s Finance Committee together with the Minister of State for Planning, Amos …

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Gov’t to borrow UGX 1.7 Trillion to finance budget

Kampala, Uganda | THE INDEPENDENT | The government is intending to borrow 1.73 trillion Shillings to finance the country’s development and infrastructure budget for the current financial year. Uganda Radio Network has learnt that the Minister of Finance, Matia Kasaija has already submitted to Parliament a formal request to borrow money …

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GGOOBI: Government is not broke

Kampala, Uganda | THE INDEPENDENT | The government withheld substantial amounts of funds which were supposed to be released in the first quarter of the financial year 2022/2023, as a way of controlling the count of money in circulation, according to the Ministry of Finance, Planning and Economic Development. This fiscal …

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PAC recommends audit on finance ministry over health monies

Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC), Central Government has recommended a forensic audit into the Ministry of Finance, Planning and Economic Development (MoFPED) over release of excess funds to health facilities. This was contained in the committee’s report in the report of the Auditor General of the …

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