Tuesday , March 19 2024
Home / Tag Archives: Lawrence Bategeka

Tag Archives: Lawrence Bategeka

BoU opposes gov’t proposal to borrow from domestic market

Kampala, Uganda |  THE INDEPENDENT | The Central Bank has rejected the Government’s plan to borrow up to 4.3 trillion Shillings from the domestic market to fund the supplementary budget expenditure of 6.5 trillion Shillings.  The matter came up when officials from BoU, the Private Sector Foundation and Uganda Bankers Association …

Read More »

COVID-19 threatens 3.8 million jobs-EPRC

Kampala, Uganda |  THE INDEPENDENT |  The private business community has cast doubt over the viability of government policies aimed at supporting the economy during and after the COVID-19 pandemic.  These include tax deferments, and financial packages. In the 2020/2021 budget, the Ministry of Finance, Planning and Economic Development provided more …

Read More »

Gov’t fails to utilize UGX 18 trillion external debt

Kampala, Uganda |  THE INDEPENDENT |  The government has failed to disburse external debts amounting to 18 trillion shillings.  This is according to the report of the Parliamentary Committee on National Economy.  According to the Vice Chairperson of the committee Lawrence Bategeka, although loan disbursement performance has been improving over time, …

Read More »