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Tag Archives: Musasizi

Grant of tax waiver to companies queried

Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. While appearing before the committee, the State Minister for Finance (General Duties), Henry Musasizi said the tax waivers will …

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Uganda’s National Tax Policy coming out in December

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development is in final stages of drafting a National Tax Policy. The policy expected to become public in December, will provide a set of guidelines for the taxation of goods, services and income as a vital tool …

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Minister Musasizi: Gov’t is struggling to trace PDM impact on ground

KAMPALA, UGANDA | THE INDEPENDENT | The Minister of State for Finance, Planning and Economic Development (General Duties), Henry Ariganyira Musasizi has admitted that the government is struggling to trace the impact of Parish Development Model (PDM) program at grass root level across the country. Launched by President Yoweri Kaguta Museveni …

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Parliament passes record Sh72.130 trillion Uganda budget

Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday passed a Sh72.130 trillion national budget, up from an earlier proposed total of Sh58 trillion. This is a Sh20 trillion increment from the last financial year budget of Sh52 trillion. Parliament Watch @pwatchug indicates that, payment of Uganda’s public debt commands the lion’s …

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Govt urged to release funds for projects

Kampala, Uganda | THE INDEPENDENT | Parliament has urged government to expeditiously release funds for donor-funded projects whose activities are ongoing. The directive follows the presentation of a report of the Committee on Finance, Planning, and Economic Development on unspent balances and the position of the Consolidated Fund as of 30 …

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Committee on National Economy to assess country’s debt

Kampala, Uganda | THE INDEPENDENT | Concerns on the increasing public debt burden continue to dominate debate and this time, Deputy Speaker, Thomas Tayebwa has directed the Committee on National Economy to make an assessment on the country’s public debt and report back to Parliament. Tayebwa made the directive during the …

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Parliament approves Shs3.5 trillion supplementary funding

  SUMMARY ✳ State House – Classified Shs441.3bn ✳ Support for Artists SACCO Shs13bn ✳ Shortfall of Census preparation Shs144bn ✳ Munyonyo Convention Centre Shs37bn ✳ Uganda Broadcasting Corp (UBC) Shs25bn ✳ Renovation of National Mosque Shs5bn ✳ Compensation mandatory vehicle inspection contract Shs33Bn Kampala, Uganda | THE INDEPENDENT |  …

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Parliament scrutinises Sh3.5 trillion supplementary budget

Kampala, Uganda | THE INDEPENDENT |  The Budget Committee of Parliament has started scrutinizing the sh3.5 trillion supplementary budget aimed at financing key infrastructure projects for the Financial Year – FY 2022/2023. According to the supplementary budget framework paper presented to the Committee by Henry Musasizi, the Minister of State …

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