Kampala, Uganda | THE INDEPENDENT | Planners are being challenged to adhere to public investment policies if the budgetary allocations are to deliver expected tangible results. It is being realized that some of the projects with budgetary allocations in each financial year delay to take off and thereby defeating the …
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Kampala, Uganda | THE INDEPENDENT | As Uganda’s Minister of Finance, Matia Kasaija, readies to present the national budget on June 12, civil society organizations have issued strong recommendations urging the government to improve fiscal discipline, enhance budget execution, and ensure meaningful service delivery. The Civil Society Budget Advocacy Group …
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Kampala, Uganda | THE INDEPENDENT | The National Budget for the financial year 2025/2026 is due to be read on June 12, 2025, according to the Ministry of Finance, Planning, and Economic Development. According to the proposals, the total resource envelope for the year is 71.9 Trillion Shillings, with just …
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Navigating growth ambitions amid debt rising for the FY 2025/26 COVER STORY | JULIUS BUSINGE | Uganda’s Parliament has approved a national budget of Shs72.4 trillion (approximately US$20 billion) for the fiscal year 2025/2026 (July-June), marking a slight increase from the previous year’s Shs72.1 trillion. Finance Minister, Matia Kasaija is set …
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KAMPALA, UGANDA | THE INDEPENDENT | The Governing Council of the East African Development Bank (EADB) is mulling increased lending and corporate social investment programs to the private sector to create jobs, especially for youth and women. This was revealed during the ordinary meeting of the EADB Council held in …
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Kampala, Uganda | Julius Businge | In line with its mandate to promote sustainable and inclusive socio-economic development and regional integration, the East African Development Bank (EADB) has disbursed over USD 200 million to Kenya, Uganda, Tanzania, and Rwanda in the last five years through its lending operations, executives said on …
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Experts share mixed views relating to fiscal discipline, tax, growing debt COVER STORY | JULIUS BUSINGE | As Finance Minister Matia Kasaija ascended the podium at Kololo Independence Grounds on June 13 to unveil the FY2024/2025 National Budget, the air was thick with anticipation. The nation waited with bated breath, eager …
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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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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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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 …
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The Independent Uganda: You get the Truth we Pay the Price
