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Tag Archives: budget

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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Parliament approves UGX 40.5 Trillion Budget without debate

Kampala, Uganda | THE INDEPENDENT | Parliament has on Friday in an unprecedented manner passed the 2019/2020 budget totalling 40.48 trillion Shillings without debate on the budget committee report. The report was presented on Thursday afternoon by the committee Chairperson Amos Lugoloobi as well as a minority report by Butambala …

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Agriculture budget passes Ugx 1 trillion mark

Kampala, Uganda | THE INDEPENDENT | The budget allocation for the agriculture sector will in the next financial year pass the 1 trillion Shillings mark for the first time in what officials say will cater for research, fertilizers and coffee strategy. The allocation to the sector will grow by 300 billion …

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Parliament approves UGX 1.6 trillion supplementary budget

  Kampala, Uganda | THE INDEPENDENT | Parliament has approved 1.6 trillion shillings supplementary budget request by government for the current financial year 2018/2019. Part of the money will cater for the on-going President Yoweri Museveni’s countrywide tour on wealth creation. The approved Supplementary is in addition to the current 2018/2019 budget …

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