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Tag Archives: budget

Mubende hospital director pinned over UGX 777m expenditure

Kampala, Uganda | THE INDEPENDENT |  Parliament’s Public Accounts Committee (PAC) has faulted the Mubende Regional Referral Hospital Director, Alex Andema over a 777.8 million Shillings wrongly expenditure on a stalled building.  Andema and other hospital officials on Tuesday appeared before the committee chaired by Budadiri West MP Nathan Nandala Mafabi …

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CEOs take on the new budget

They see opportunities for business, economy in FY2019/2020 Kampala, Uganda | JULIUS BUSINGE | Conversations on the recently read new budget are gaining momentum amongst key players like chief executive officers of corporate firms. The executives, from key sectors of banking, manufacturing, industry, information technology, agriculture, trade are believed to …

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How 2019/2020 Budget will be financed

Kampala, Uganda | THE INDEPENDENT | Government plans to collect 20.4 trillion Shillings with over 18.87 trillion coming from tax revenues in the coming financial year. Only 1.5 trillion Shillings is expected from Non-Tax Revenue (NTR) sources, so as to finance the 10.48 trillion Shilling 2019/2020 financial year budget. Uganda …

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LIVE: Matia Kasaija’s Sh40 trillion budget

▶ THEME: Industrialization for Job Creation & Shared Prosperity 💠 2019 – Sh40 trillion 💠 2018 – Sh32 trillion 💠 2017 – Sh22 trillion 💠 2016 – Sh20 trillion ▶ Domestic financing 74.5 percent ▶ External Financing 25.5 Top ✅ Works-Transport Sh6.4 trillion ✅ Security 3.6 trillion ✅ Education 3.2 trillion Bottom …

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Museveni lists same bills as last Year.

Kampala, Uganda | THE INDEPENDENT |  President Yoweri Museveni listed the same government Bills for parliament to handle in the coming year as he did in his 2018 Address. Museveni on Thursday delivered the State of the Nation address on the achievements made by the government in the past year, the …

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Moroto maintains education, administration as budget priorities

Kampala, Uganda | THE INDEPENDENT |   Moroto District Council has maintained education and administration sectors as top priorities in their budget estimates for the 2019/2020 financial year. The 20.2 billion Shillings budget was approved by council on Wednesday. The education sector received an additional 500 million Shillings from the 5.2 …

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Nigeria’s president signs ambitious 2019 budget

Abuja, Nigeria | AFP | Nigerian President Muhammadu Buhari signed an ambitious budget into law Monday, days ahead of the official start of his second term leading Africa’s largest oil producer. Buhari approved the spending plan worth 8.92 trillion naira — about $29 billion based on the official fixed exchange …

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