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Tag Archives: Ramathan Ggoobi

IMF clears Uganda for UGX455Bn credit after good performance

Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund-IMF, has given Uganda a clean bill of health regarding the handling of the COVID-19 pandemic, the funds and the economy as a whole. For this, the Fund’s board has allowed for the immediate release of 127 million US Dollars (about 455 …

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Gov’t to track progress of post Covid-19 interventions

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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