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Tag Archives: Ggoobi

PS Ggoobi blocks Shs 3.5 trillion supplementary budget

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development has directed government statutory bodies to prioritise their expenditures even though the constitution gives them the freedom to use their money as they wish. This comes after the recent public reactions towards the purchase of high-end new …

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Geraldine Ssali powers reduced after sh8bn scandal

Kampala, Uganda | THE INDEPENDENT | Geraldine Ssali, the Permanent Secretary at the Ministry of Trade, Industry and Co-operatives, has been dropped as Accounting Officer to the ministry after financial queries over use of up to Sh8 billion. This arose from a parliamentary probe into alleged financial misappropriation of supplementary …

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How Govt spent extra Shs1.4Trillion in May

Kampala, Uganda | THE INDEPENDENT | The government spent more money than it had planned in May 2023 despite the continued complaints of unfulfilled obligations especially on salaries and wages. The total planned expenditure for the month was Shillings 2.985 trillion, but it ended up spending Shillings 3.5 trillion as priorities …

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GGOOBI: Uganda not ready for minimum wage

  Kampala, Uganda | THE INDEPENDENT | Uganda has not yet reached the level of setting the minimum wage, Ramathan Ggoobi, the Secretary to the Treasury and Permanent Secretary in the Ministry of Finance, Planning and Economic Development has stated. According to Ggoobi, it is bad economics to institute a …

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Strong rebound for Uganda’s economy

BoU says 2022 economic outlook is more positive than earlier projected Kampala, Uganda | JULIUS BUSINGE | There is good news from Bank of Uganda indicating a big rebound in economic growth in 2021, meaning Ugandans got more money in their pockets to buy goods and services. In its monetary …

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