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Tag Archives: budget

IN THE INDEPENDENT: Election budget shoots to sh870bn

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY 2021 election budget: Panic over jump from Shs400bn to Shs870bn THE WEEK Education: Gov’t scraps end of term exams , student projects introduced THE LAST WORD GDP and improved health: How sustained economic growth …

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Judiciary seeks UGX 77b budget for vehicles, construction of courts

Kampala, Uganda | THE INDEPENDENT  | The Judiciary Permanent Secretary Pius Bigirimana has asked Members of Parliament to push for an additional budget allocation of 77.84 billion shillings for construction of courts and procuring cars. Bigirimana was on Friday leading a team of Judiciary officials before the committee chaired by West …

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Delayed funding could affect 2021 elections-Byabakama

  Kampala, Uganda | THE INDEPENDENT  | The Electoral Commission has said that further delay to allocate money for elections may affect the electoral process. The call was made on Thursday by the Electoral Commission Chairperson Justice Simon Byabakama, chairperson Electoral Commission who presented the 2020/2021 national budget framework paper …

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Education sector budget reduced by UGX 111 billion – Janet Museveni

Kampala, Uganda | THE INDEPENDENT  |The Minister of Education and Sports, Janet Kataha Museveni says that her Ministry faces a risk of not implementing several activities because of the reduction in budget. She says activities worth Shillings 1.68 trillion in the coming financial year 2020/2021 will not be implemented in …

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Health Ministry budget hasn’t been cut-Minister Aceng

Kampala, Uganda | THE INDEPENDENT  | The Health Minister Dr. Jane Ruth Aceng has dismissed claims that the Health Ministry budget for the 2020/2021 has been slashed. She says claims doing rounds in the media that the health budget for the 2020/2021 financial year budget has been cut to Shs. …

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Donors prop up Uganda water sector by SH130 billion

Kampala, Uganda | THE INDEPENDENT | In the next financial year where most agencies and ministries will see their budgets cut, the Water and Environment sector is set to move against the tide and see its budget allocations upped by at least Sh130 billion. This is because of the fact …

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Petroleum Fund exhausted – Minister Bahati

Kampala, Uganda | THE INDEPENDENT  | The government has exhausted resources in the Petroleum Fund, Parliament has learnt. This is after the Minister of State for Planning David Bahati confirmed a zero budget allocation from the fund to support the coming financial year 2020/2021 budget despite previous allocations. “There is …

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2020/2021 Financial year budget to increase after negotiations with donors

Kampala, Uganda | THE INDEPENDENT  | The Director Budget in the Ministry of Finance, Kenneth Mugambe says that the proposed budget for the coming financial year 2020/2021 is expected to increase once on-going project negotiations that require external financing are concluded. According to the Budget framework paper accessed by URN, government …

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South Africa’s power blackouts intensify

Johannesburg, South Africa | AFP |  South Africa’s debt-laden state power company Eskom on Monday announced it was implementing a more intense electricity rationing schedule, five days after continued rolling power cuts have plunged businesses, schools and homes into darkness. The power cuts, known as “load shedding” are implemented to …

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Gov’t to borrow UGX 2.4 trillion from Stanbic, Trade Bank

Kampala, Uganda | THE INDEPENDENT  | Government has plans to borrow 2.43 trillion shillings to finance a budget shortfall realized a few months into the current financial year. According to a domestic loan request presented to Parliament on Wednedsay, government says that out of the 2.43 trillion Shillings, Euros 300 …

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