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Tag Archives: Amos Lugoloobi

Finance Minister asked to explain variance in budget figures

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has summoned the Minister of Finance Matia Kasaija to explain the variance in figures presented during his budget speech which was presented last week. This follows an observation of inconsistencies in the figures that were approved by Parliament …

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Parliament approves UGX 33Bn supplementary budget

Kampala, Uganda |  THE INDEPENDENT |  Parliament on Tuesday approved a supplementary budget of 33 Billion Shillings for the current financial year 2019/2020. The budget will cater for maintenance of several Kampala Capital City roads, interventions for street children and others.  The funds were approved during a plenary session chaired by …

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Finance Commitee approves UGX 10 Bn industrial research funding

Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has resolved to approve a supplementary request totaling 10 billion Shillings for Uganda Industrial Research Institute (UIRI) pending an onsite visit at the entity’s Namanve premises on Friday. This was during an interface with Ministry of Finance officials led by the …

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Budget Committee rejects UGX 15.8 Billion supplementary request

Kampala, Uganda | THE INDEPENDENT | Members of the Budget Committee of Parliament have rejected a fresh government supplementary request of 15.8 billion Shillings. The Committee received the request on Thursday from Gabriel Ajedra, the Minister of State of Finance in charge of General Duties. According to Ajedra, part of …

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Parliament approves UGX 45.5 Trillion National Budget

✅ 2020 – Sh45 trillion ✅ 2019 – Sh40 trillion ✅ 2018 – Sh32 trillion ✅ 2017 – Sh22 trillion ✅ 2016 – Sh20 trillion Kampala, Uganda | THE INDEPENDENT | Parliament has approved a 45.49 trillion Shillings Budget for the financial year 2020/2021. The estimates show an increase of …

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Budget Committee recommends re-allocation of UGX 402.5Bn

Kampala, Uganda | THE INDEPENDENT | Parliament’s budget committee has recommended reallocation of 2020/2021 financial year budget to other key programs. This is highlighted in the Budget Committee report presented to Parliament by the Committee Chairperson Amos Lugoloobi. In the report, the committee made adjustments to the proposed 45.48 trillion …

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MPs recommend review of national budget

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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Budget Committee disagrees with gov’t on sector allocations

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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Finance Committee asks government to suspend new tax measures

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has been tasked to consider suspending all new tax measures for the coming financial year 2020/2021 to help Ugandans cope with the effects of coronavirus pandemic. The request was made by the Finance Committee of Parliament during an interface with Minister …

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