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Tag Archives: Matia Kasaija

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 …

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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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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 …

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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. …

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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 …

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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 …

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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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Demand for credit slows with raising interest rates

Kampala, Uganda | THE INDEPENDENT | The banking industry has defended its changing mode of operation which sections of the public describe as less friendly, saying they have learnt from the effects of global shocks on the businesses and economies generally. In recent times, Bank of Uganda has compelled commercial banks …

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Parliament wants Beti Kamya, Kasaija investigated

Kampala, Uganda | THE INDEPENDENT | Parliament has recommended the investigation of the former Minister of Lands, Housing and Urban Development, Beti Kamya and Finance Minister, Matia Kasaija for their role in the shs10.6 billion land compensation. The House chaired by Speaker of Parliament, Anita Among on Thursday, 04 August 2022 adopted …

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Sports federations welcome increase in budget

Kampala, Uganda | THE INDEPENDENT | Sports federations have welcomed additional funding to the sports sector. According to the 2022/23 financial year budget figures read by the Minister of Finance, Planning and Economic Development, Matia Kasaija on Tuesday, the sports sector will receive Shillings 47.81 billion up from Shillings 17billion provided …

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