`We can’t build a mixed economy when the private sector side is parasitic on the public sector’ NRM programme point No. 10. Following an economic strategy of mixed economy When the NRM government took power in 1986, it introduced a 10-point programme. Point No.10 on the programme was to pursue …
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Kampala, Uganda | THE INDEPENDENT | The Education sector in Uganda is seeking an additional funding of sh 348.6 billion in the next financial year 2019/2020. The funds will cater for activities that include recruitment of primary teachers, aiding community schools and the student’s loan scheme among others. The education …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Gender and Culture, Hon. Peace Mutuzo has asked Parliament to consider approving the proposed budget increase for Persons With Disabilities (PWDs). She said that the current budget of Shs2 billion is insufficient and cannot support the 12.8 million PWDs. “In …
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Washington, United States | AFP | The US government partial shutdown was set to stretch deep into next week after legislators failed Thursday to make a breakthrough in the row over President Donald Trump’s demand for a US-Mexico border wall. After convening for just a few minutes following the official …
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United Nations, United States | AFP | United Nations member states failed to come up with a deal Friday to make up for a $220 million budget black hole left by the United States downsizing its contribution to peacekeeping operations, diplomats said. The United States had paid around 28 percent …
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Lagos, Nigeria | AFP | Nigerian President Muhammadu Buhari on Wednesday presented parliament with his government’s 2019 budget plan that he said was to help growth, fight poverty and boost infrastructure. The draft budget, at 8.83 trillion naira ($24.3 billion), was smaller than the 9.12 trillion approved for the previous …
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Riyadh, Saudi Arabia | AFP | OPEC heavyweight Saudi Arabia on Tuesday announced an expansionary budget for 2019 but projected a shortfall for the sixth year in a row due to low oil prices. The new budget comes with the oil-rich kingdom reeling under strong international pressure over the murder …
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Harare, Zimbabwe | AFP | Zimbabwe’s new finance minister Mthuli Ncube announced a five-percent cut to senior government officials’ salaries on Thursday in a bid to mend the shattered economy. Ncube’s budget also set out plans for the biometric registration of civil servants to weed out “ghost” workers who …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning David Bahati has confirmed several radical tax proposals and amendments to the Income tax Bills, including increase excise duty on diesel and petrol by Sh100 for a litre to generate Sh196.4 billion. Another key new tax proposal is …
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THIS WEEK: Shs530billion set aside for salary enhancements, Kasaija Kampala, Uganda | THE INDEPENDENT | While tabling the Shs30 trillion budget for FY2018/19 last week, Finance Minister Matia Kasaija revealed that Shs530billion has been set aside to cater for salary enhancements for some public servants including medical workers, university lecturers, low …
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The Independent Uganda: You get the Truth we Pay the Price
