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Tag Archives: budget

Opposition adopts new budget approach

Kampala, Uganda | THE INDEPENDENT | The Opposition in Parliament is adopting a new approach to the National Budget moving away from responding to the government’s propositions to developing a completely different alternative national budget, the Leader of the Opposition in Parliament (LOP) Mathias Mpuuga has announced. Addressing members of the …

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Defence fails to defend UGX 8.7 trillion budget

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Defence and Internal Affairs on Friday turned away officials from the Ministry of Defence and Veteran Affairs from a meeting to scrutinize their Budget Framework Paper following a mismatch of figures. The unceremonious sendoff on Friday morning marked the second time in …

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General Assembly approves UN regular budget for 2023

United Nations, USA | Xinhua | The General Assembly on Friday approved an annual regular budget for the United Nations of about 3.396 billion U.S. dollars. The 2023 budget is higher than that of 2022, which stood at 3.122 billion dollars. The regular budget covers UN activities across a range of areas, …

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Museveni wants next budget to prioritize irrigation

Katakwi, Uganda | THE INDEPENDENT | President Yoweri Museveni said that the next financial year’s budget should prioritize on irrigation and building fertilizer factory in Tororo. Museveni made the remarks in Ongongoja Sub County, Katakwi district where he officiated as chief guest at a thanksgiving function for Rev. Fr. Lawrence Akepa …

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Education, health tipped to take lion’s share in next budget

Kampala, Uganda | THE INDEPENDENT | Government’s budget estimates for the financial year 2023/2024 have revealed that the Human Capital Development programme, which comprises education, health and water sectors, will have the biggest allocation for the second consecutive year. The Human Capital Development programme has in the past had its budget …

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Govt tables Sh50 trillion proposed budget for next financial year

Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament a proposed 49.9 trillion Shillings National Budget for the coming financial year 2023/2024. This indicates a slight increase of 1.85 trillion from the 48.13 trillion approved budget for the current financial year 2022/2023. The figures are contained in the National …

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Parliament approves UGX 523Bn loan for country-wide data connectivity

Kampala, Uganda | THE INDEPENDENT | MPs have unanimously approved a US$140 million loan to finance the Uganda Digital Acceleration Project (UDAP), and ring-fenced it to the implementing agency, National Information Technology Authority-Uganda. In a rare show of unanimity untypical of loan requests, the Opposition’s only rider has been having the money …

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Slow integration of new parishes irks Masaka city leaders

Masaka, Uganda | THE INDEPENDENT | Leaders in parishes that were annexed to Masaka city are concerned by the slow pace of integration into the new urban local government. In July 2020, the former Masaka Municipal Council expanded its boundaries and annexed parishes from the neighboring districts of Kalungu and Lwengo, …

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Gov’t protects private sector from domestic borrowing impact

Kampala, Uganda | THE INDEPENDENT | The spike in domestic borrowing by the government has increased the discomfort in the private sector, as commercial banks also raise their interest rates. Commercial banks have been announcing new prime lending rates over the last three months, attributing their decisions on ‘current business environment’ …

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Election body seeks extra Shs 20 billion for Women Council polls

Kampala, Uganda | THE INDEPENDENT | The Deputy Attorney General, Jackson Kafuuzi, has been directed to prepare a statutory instrument intended extend the time of office of the Women Councils. “There is a political vacuum and we need this to be resolved. Can we have that document by next Tuesday?” Speaker …

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