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Tag Archives: Matia Kasaija

Uganda aims for higher economic growth in 2024/2025 fiscal year

KAMPALA, Uganda | Xinhua | Uganda’s Finance Minister Matia Kasaija on Thursday said the East African country’s economy will grow by 7 percent in the fiscal year (FY) 2024/2025, which will start on July 1. The growth will be driven through increased oil and gas activities, growth in exports, increase …

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Money lending institutions challenged on honesty and integrity

SPECIAL REPORT | THE INDEPENDENT | The Minister of Finance Matia Kasaija has urged money-lending institutions to exhibit a high degree of honesty and integrity. Kasaija was speaking at the opening ceremony of the Goldmine Finance Branch at Kabalagala. He noted that most banks and money lending institutions only prioritize collecting …

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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 …

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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 …

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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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