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Tag Archives: Ocailap

Deputy Secretary to the Treasury: Loan repayments are chocking Uganda

Kampala, Uganda | THE INDEPENDENT | Uganda has joined the international chorus urging for the reform of international financial architecture. The Deputy Secretary to the Treasury, Patrick Ocailap says reforming the international financial architecture is imperative to give developing countries like Uganda a fair chance to turn its immense potential into …

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URA rolls out voluntary disclosure of offshore interests

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority is rolling out a Voluntary Disclosure Program (VDP), urging people with offshore incomes and assets to disclose their holdings. The VDP is among the tax administration measures put in place by URA to ensure tax compliance and has been on for …

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Uganda’s Ministry of Finance cancels Christmas

  Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has suspended any expenditure on this year’s Christmas and End of year parties because of increasing pressure on the economy. The Deputy Secretary to the Treasury Patrick Ocailap has written a memo to all finance officers of all the  ministries, …

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