Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has proposed establishing a mechanism to track the beneficiaries of interventions that helped Uganda recover from the effects of Covid-19. Among the initiatives that were put in place by the government include the Emyooga program, small recovery fund, SACCO money through the …
Read More »MPs criticise Shs43 trillion budget proposals over misalignment of gov’t priorities
Kampala, Uganda | THE INDEPENDENT | Government has revised the Budget Framework Paper presenting the latest to Parliament’s Committee on Budget, with a Shs43 trillion spending wish for financial year 2022/23. The Budget Framework Paper provides an indication of government spending priorities and lineates boundaries within which agencies must make budget proposals. …
Read More »Can tough talking Ggoobi jumpstart new economic era?
Kampala, Uganda | THE INDEPENDENT | As the government begins to peg its development agenda on the lower administrative units, it has noted challenges it has to deal with to avoid a repeat of past failures. These challenges include clashes with communities or landlords over land that the government targets for …
Read More »Minister Kasaija defends parliamentary commission budget cuts
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has justified the budget cuts on the Parliamentary Commission, saying that it was necessary to help the country meet urgent Covid-19 medical needs. According to Kasaija, the decision was taken by Cabinet to cut money appropriated for travel and workshops …
Read More »Ministry of finance says no more tax discretionary reliefs
Kampala, Uganda | THE INDEPENDENT | The government will no longer give what it is calling discretionary tax relief measures to sectors or enterprises in a financial crisis as has been the case, like under the current Covid-19 pandemic. The announcement comes as entrepreneurs continue to call on the government to …
Read More »Ggoobi assumes PS Office in Finance Ministry
Kampala, Uganda | Ronald Musoke | Ramathan Ggoobi, the new Permanent Secretary in the Ministry of Finance, Planning and Economic Development who also doubles as the Secretary to the Treasury has officially assumed office almost a month after his appointment. Patrick Ocailap, the Deputy Secretary to the Treasury who has been …
Read More »Under funding of local gov’ts undermining decentralization policy – Experts
Kampala, Uganda | THE INDEPENDENT | Experts have called for more decentralization of the management of national resources to make sure that they are spent at the lowest levels of government as much as possible. Much as Uganda operates a decentralized system of government, the central government accounts for most of …
Read More »Economist, traders ask gov’t to protect businesses in coronavirus crisis
Kampala, Uganda | THE INDEPENDENT | Government needs to devise means of protecting the economy from crumbling as a result of the temporary shutdown of key businesses because of the coronavirus. Makerere University Business School-MUBS Economics Lecturer and Policy Analyst, Ramathan Ggoobi says the coronavirus (COVID-19), which has since been declared …
Read More »Uganda’s industrial drive lacks focus – Study
Kampala, Uganda | THE INDEPENDENT | Uganda’s quest for industrialization has been hampered by lack of focus, unclear plans and weak monitoring with most initiatives chaotically implemented, a new study has shown. The December 2019 study sponsored by German foundation Friedrich Ebert Stiftung on the country’s industrialization journey says …
Read More »Financial management key in healthcare delivery – PS Atwine
Kampala, Uganda | THE INDEPENDENT | Ministry of Health permanent secretary Dr Diana Atwine has called for a tracking system that will ensure that all allocations to health facilities are utilized efficiently. Atwine said billions of Shillings and supplies channeled to healthcare delivery get wasted, in the hands of medical personnel …
Read More »