Tag Archives: Ramathan Ggoobi

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development has warned Accounting Officers of dire consequences for habits of deliberate poor budgeting. The warning was issued by the Permanent Secretary and Secretary to the Treasury-PSST in the Ministry of Finance, Ramathan Ggoobi, who accuses some accounting …

Kampala, | THE INDEPENDENT | Leaders of Ugandan corporate entities have been urged to take bold steps in leadership, to guide their organisations towards sustainable success. This call was made to Ugandan CEOs and top managers attending the 15 th Annual CEO Forum, which was held today at Mestil Hotel …

Kampala, Uganda | THE INDEPENDENT |  Secretary to the Treasury Ramathan Ggoobi has said Uganda’s economy is back on track, and indications are of even stronger growth in the coming years. He said this as he announced today that government has released Sh5.899 trillion, representing 21.3% of the discretionary budget, …

That’s why Museveni can’t save them from URA COVER STORY | THE INDEPENDENT | “Tax has a negative multiplier to the economy, more so in economies such as ours where the tax system is regressive and accountability is very poor. It has long been proven by economists that people’s incomes, business …

PSST Ramathan Ggoobi wants timely execution of government programmes   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Ministry of Finance Planning and Economic Development on July.18 released funds for the first quarter of FY2023/24 totalling Shs 4.8 trillion to meet the government expenditures. This represents 9% of the Shs 52.7 trillion …

Kampala, Uganda | THE INDEPENDENT | The implementation roadmap of the rationalization program for 69 government institutions ends this month, with the new approved structures taking effect on July 1 with the new financial year. The Permanent Secretary at the Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi said that …

Kampala, Uganda | THE INDEPENDENT | Government initiatives put in place over the last 10 years to reduce poverty or create wealth have had mixed returns either due to mismanagement or under-funding, according to a new report on Uganda’s poverty levels. The 2021 Poverty Status Report examines poverty trends and dynamics …

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 …

Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has questioned Finance Ministry officials on the set priorities for next financial year without increase in the budget allocations. This was during the Monday meeting in which Henry Musasizi, the Minister of State for Finance presented the budget estimates for the coming financial …

Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund (IMF) has reached an agreement with the Ugandan government for a release of about 240 million US Dollars (873.8 billion Shillings) in financing to the country. The agreement which is subject to approval by the IMF Board, is part of the …