Priority on human development, security, energy, transport COVER STORY | ISAAC KHISA | Finance Minister, Matia Kasaija, on June 15 hit several optimistic notes for next Financial Year when announcing a Shs52.7 trillion budget. That is a 10% jump from the Shs48 trillion last financial year and the biggest rise in …
Read More »KASAIJA: I did not apply for Karamoja iron sheets
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning, and Economic Development, Matia Kasaija has defended himself as “innocent” in the Karamoja iron sheets scandal that has sucked in several ministers. Kasaija said that whereas he received iron sheets from the Office of the Prime Minister (OPM), he did not …
Read More »Minister Kasaija calls for increased climate change financing
Kampala, Uganda | THE INDEPENDENT | The Minister for Finance, Planning, and Economic Development Matia Kasaija has asked governments, financial and development organizations to allocate financial resources towards climate change mitigation. According to Kasaija, climate change is the biggest single challenge to not just the environment and human life, but the …
Read More »Finance minister presents Shs 49.9 trillion national budget framework
Kampala, Uganda | THE INDEPENDENT | Government has tabled the National Budget Framework Paper totaling Shs49.9 trillion for the Financial Year 2023/2024. The document, which paves way for the budget approval process by Parliament, was tabled during plenary sitting on Friday, 23 December 2022 by the Minister of Finance, Planning and …
Read More »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 …
Read More »Kasaija calls for review of human capital development initiatives
Kampala, Uganda | THE INDEPENDENT | There is a need for a comprehensive evaluation of numerous initiatives the government has been working on for years under the banner of Human Capital Development, the Finance, Planning, and Economic Development Minister Matia Kasaija has said. According to Kasaija, despite years of constant investment worth …
Read More »Gov’t seeks repayments from South Sudan
Kampala, Uganda | THE INDEPENDENT | Uganda has written to the Government of South Sudan seeking reimbursement of funds paid to Ugandan traders and companies on behalf of South Sudan. In 2018, Parliament endorsed government’s request to clear Shs151 billion owed to Ugandan traders and companies by the South Sudan government. …
Read More »Gov’t to borrow UGX 1.7 Trillion to finance budget
Kampala, Uganda | THE INDEPENDENT | The government is intending to borrow 1.73 trillion Shillings to finance the country’s development and infrastructure budget for the current financial year. Uganda Radio Network has learnt that the Minister of Finance, Matia Kasaija has already submitted to Parliament a formal request to borrow money …
Read More »Gov’t to release Shs30 billion for coffee, tea seedlings
Kampala, Uganda | THE INDEPENDENT | Government has agreed to release Shs30 billion towards the supply of seedlings to coffee and tea farmers, the Minister of Finance, Matia Kasaija, has said. “We shall release the money to Uganda Coffee Development Authority and National Agricultural Advisory Services as per the budget. I need …
Read More »Regional food security symposium set for October
Kampala, Uganda | THE INDEPENDENT | The Climate Change Action East Africa (CCAEA) and the International University of East Africa (IUEA) are organizing a symposium and expo for October this year at the IUEA Kampala campus, Kansanga – Ggaba Road, they said on Sept.7. The symposium will be an avenue to promote …
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