Kampala, Uganda | THE INDEPENDENT | Julius Businge | Expenditure for the new budget should mainly focus on key sectors that must support revamping of the economy, according to civil society organisations under their umbrella group, Civil Society Budget Advocacy Group (CSBAG). In a joint statement dated April 20, the group …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has recommended that the government reviews and revises the National Budget for the coming financial year 2020/2021 in the wake of COVID-19. This is one of the committee’s recommendations in its report to Parliament in which it approved the appropriation of Shillings 45.493 …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament has expressed disappointment with the conduct of the Ministry of Finance for failing to present the additional figures to the financial year 2020/2021 National Budget. Kadaga made the statement on Tuesday after she indicated that the Ministry needed space on the …
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Kampala, Uganda | THE INDEPENDENT | The Budget Committee of Parliament has clashed with the Minister of State for Planning David Bahati over what they described as unrealistic budget allocations to the Health and Agriculture sectors. Bahati was appearing before the committee to present revised budget estimates for the coming …
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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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Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA wants government to allocate it 3 percent of the National Budget to the Authority. According to the 2020/2021 National Budget Framework paper, 3 percent of the 39.6 trillion proposed budget would amount to Shillings 1.7 trillion. The proposal by KCCA to …
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Why Shs40.5trilion may not deliver government promise of inclusive growth and shared prosperity Kampala, Uganda | JOSEPH WERE | Uganda on June 13 announced its biggest budget ever which, at Shs40.5 trillion (Approx. US$10.7 billion), has been described as ambitious and upbeat. But its promise it not matched by its …
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It is pro-growth, pro-poor; what is important is pushing for its effective implementation Kampala, Uganda | JULIUS BUSINGE | On June 13, Minister for Finance, Planning and Economic Development, Matia Kasaija, delivered the Shs40trillion National Budget for the Financial Year 2019/2020 under the theme “Industrialization for job creation and shared …
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Kampala, Uganda | THE INDEPENDENT | Government has allocated 627 Billion Shillings to capitalize seven banks. The banks include Uganda Development Bank (UDB) with 103 billion, Housing Finance Bank 30 billion, Post Bank 4.7 billion, International Development Bank 2 billion, Trade Development Bank 2.5 billion and Africa Development Bank (ADB) …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Works and Transport is seeking more than 50 billion Shillings for the establishment of a new motor vehicle registration system. The system involves the entire process of allocating unique identification numbers to particular motor vehicles, which is currently a mandate of Uganda …
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The Independent Uganda: You get the Truth we Pay the Price