Tag Archives: Ggoobi

Kampala, Uganda | THE INDEPENDENT | The government has released up to 5.899 trillion Shillings for various activities in the first quarter of the 2024/25 financial year. A bulk of the funds will finance the non-wage bill with an allocation of 3.371 trillion Shillings, followed by the wage bill at 1.990  …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has urged financial institutions to create financial products that are in line with the protection of the environment, social support and transparency. The Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi says this is because the …

Kampala, Uganda | THE INDEPENDENT | The Finance Ministry Permanent Secretary and Secretary to Treasury Ramathan Ggoobi has outlined budget opportunities in the UGX 72Trillion Budget for the Financial Year 2024/25, urging private sector players to take advantage of them. This, he said while delivering a keynote speech during the …

SPECIAL REPORT | THE INDEPENDENT | Visually-impaired Ugandans mainly those interested in budget transparency and accountability will now find it a little easier to follow the developments, following the introduction of the brail format of the citizen’s guide to the budget. The Citizen’s Guide to the Budget is a simplified document …

Kampala, Uganda | THE INDEPENDENT | Amidst global calls on governments to increase funding for climate activities, Uganda is torn between allocating more of her resources to the cause and keeping the national debt levels in check. According to Uganda’s Nationally Determined Contributions as updated, in fulfilment of Article 4 of …

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 …

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 …

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 …

  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 …

Museveni defends, Buganda reacts Kampala, Uganda | MUBATSI ASINJA HABATI | On 10 February 2022, the Minister of Finance, Matia Kasaija signed an agreement with an Italian, Enrica Pinetti to allow her company, Uganda Vinci Coffee Company Limited (UVCC), to establish a coffee processing plant worth US$80 million. Apart from …