The Uganda Revenue Authority together with the Ministry of Finance, Planning and Economic Development on Monday held a seminar to help tax payers understand what they are up against in the budget that was read last week. “We are here to help the ordinary person understand how the budget affects …
Read More »Ailing health sector
Health sector gets increment but worries over heavy dependence on donors persist Every time the budget is presented, citizens take a hard look at the allocation to the health sector. This year, the government has unveiled an ambitious budget of Shs26trillion of which Shs1,826.49bn is going to the health sector …
Read More »Budget: Farmers Bitter
NBS: Farmers have criticized the budget read this afternoon by Finance Minister designate Matia Kashija. Whereas allocation to the sector has more than doubled, a group of farmers watching the parliamentary proceedings live on television at Hotel Africana in Kampala are bitter. Share on: WhatsApp
Read More »VIDEO: Reading of the national budget 2016/17
NBS: Reading of the national budget 2016/17 on June 8, 2016 by minister Matia Kasaija on behalf of acting Finance Minster Yoweri Museveni. Here’s the breakdown of Uganda’s Sh26 trillion budget (click here) Share on: WhatsApp
Read More »Budget to unlock Uganda’s Tourism potential
Matia Kasaija, the nominee to head the Ministry of Finance, has highlighted the importance of tourism to the Uganda economy, outlining new measures to enhance performance in the sector. In his Uganda budget speech on Wednesday, Kasaija revealed that government is allocating Sh188.8 billion to the sector next financial year …
Read More »The FULL BUDGET SPEECH 2016-17
Here is the FULL SPEECH – Uganda’s National Budget FY 2016-17 Madam Speaker, in accordance with Article 155(1) of the Constitution of the Republic of Uganda and the Public Finance Management (PFM) Act 2015 as amended; and in exercise of the power delegated to me by H.E the President of …
Read More »Here’s the breakdown of Uganda’s Sh26 trillion budget
LIVE UPDATES from the Uganda Budget speech. BOTTOM, the FULL National Budget Framework Paper. *National Budget Framework Paper (NBFP) FY 2016-17 (Source Parliament Watch) *Report of the committee on Budget on the National Budget Framework Paper (Source Parliament Watch) *Motion on the Budget 2016/17 (Source Parliament Watch) Approved Budget 2015/16 …
Read More »Is Uganda broke?
Ministry of Finance officials say they have spent over 100 percent of the budget but government departments are struggling to meet their obligations amidst talk that the 2015/16 budget was suppressed by 30 percent. From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, …
Read More »Billions borrowed from PTA bank cause jitters
From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, the Director Budget can look down contentedly at the Nakasero neighbourhood of the rich. The downtown poorer sections of the city are blocked from his view. Donning a stylish purple shirt and a matching …
Read More »Uganda Budget revised to Shs 26.3 trillion
Last year, the government revised the current budget from Shs 18.3 trillion to Shs 23.9 trillion citing the upcoming general elections, which it was claimed required more funding. The national budget that will be presented next month will be worth a record Shs 26.3 trillion, an increase of 9%. What …
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The Independent Uganda: You get the Truth we Pay the Price