Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has revealed that she is frustrated by the Ministry of Finance for failing to finance the Tree Fund enacted under the National Forestry and Tree Planting Act, 2003. Kadaga says that it is sickening that 16 years after …
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 …
Read More »Gov’t sets aside UGX 11 billion to fight desert locusts
Kampala, Uganda | THE INDEPENDENT | Government has set aside 11 Billion Shillings as part of a contingency plan to fight desert locusts. Uganda is potentially threatened by the highly mobile and destructive desert locusts which have attacked three East African countries including Kenya, which neighbors Uganda. Swarms of billions of …
Read More »Muhakanizi warns accounting officers over loan deductions
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development is considering taking disciplinary action against accounting officers for alleged breach of guidelines on loan application by their respective civil servants. Several civil servants apply for multiple loans from various banks and other money lenders to …
Read More »Uganda Embassy land in Addis Ababa grabbed
Kampala, Uganda | THE INDEPENDENT | The Uganda Embassy land in Addis Ababa Ethiopia has been encroached on. This is according to an internal audit by the Ministry of Finance. Uganda was supposed to build its Embassy house and a chancery on the land to reduce expense on the rent. Hussein …
Read More »Gov’t to decentralize payments to departmental level
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has secured technology to facilitate decentralization of payments in departments of the various ministries to ensure that their heads are directly in charge of the spending. Keith Muhakanizi, the Secretary to the Treasury, told reporters on Monday, that this will …
Read More »Uganda Aids Commission yet to hear from gov’t on HIV/AIDS trust fund
Kampala, Uganda | THE INDEPENDENT | Uganda AIDS Commission (UAC) is yet to hear from the government about the HIV/AIDS Trust Fund. Dr Lydia Mungherera, a board member at Uganda AIDS Commission (UAC), says that fund was meant to start this financial year as Uganda Revenue Authority is supposed to …
Read More »New platform created to assess gov’t performance
Kampala, Uganda | THE INDEPENDENT | A new platform called the APEX to be chaired by the President has been mooted to be the topmost stage to carry out oversight of government programes performance. The platform will be made up of what has been described as the big four government …
Read More »PAC directs CIID to grill Finance Ministry project officials
Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee- Central Government has asked the Criminal Investigations and the Intelligence Directorate (CIID) to interrogate officials heading different projects under the Ministry of Finance for abuse of office. The committee chaired by Budadiri West MP Nathan Nandala Mafabi on Wednesday issued a …
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