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Tag Archives: ministry of finance

PAC grills Secretary to Treasury over Public Debt Management

Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC) has questioned the Secretary to Treasury Keith Muhakanizi over failure to prioritize and categorize domestic arrears under the stock of public debt. Muhakanizi together with the Accountant General Lawrence Ssemakula were on Tuesday appearing before the committee to respond …

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Managing current budget a big challenge-Muhakanizi

Kampala, Uganda | THE INDEPENDENT | The Secretary to Treasury Keith Muhakanizi says that wrong projections in the current 2019/2020 financial year have made management of the National Budget a big challenge. Muhakanizi was on Tuesday appearing before Parliament’s Public Accounts Committee to respond to Auditor General’s queries raised in …

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Gov’t sets aside UGX 11 billion to fight desert locusts

Kampala, Uganda | THE INDEPENDENT | Government has set aside 11 Billion Shillings as part of a contingency plan to fight desert locusts. Uganda is potentially threatened by the highly mobile and destructive desert locusts which have attacked three East African countries including Kenya, which neighbors Uganda. Swarms of billions of …

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Muhakanizi warns accounting officers over loan deductions

Kampala, Uganda | THE INDEPENDENT  | The Ministry of Finance, Planning and Economic Development is considering taking disciplinary action against accounting officers for alleged breach of guidelines on loan application by their respective civil servants. Several civil servants apply for multiple loans from various banks and other money lenders to …

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Uganda Embassy land in Addis Ababa grabbed

Kampala, Uganda | THE INDEPENDENT | The Uganda Embassy land in Addis Ababa Ethiopia has been encroached on. This is according to an internal audit by the Ministry of Finance. Uganda was supposed to build its Embassy house and a chancery on the land to reduce expense on the rent. Hussein …

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Gov’t to decentralize payments to departmental level

Kampala, Uganda | THE INDEPENDENT  | The Ministry of Finance has secured technology to facilitate decentralization of payments in departments of the various ministries to ensure that their heads are directly in charge of the spending. Keith Muhakanizi, the Secretary to the Treasury, told reporters on Monday, that this will …

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New platform created to assess gov’t performance

Kampala, Uganda | THE INDEPENDENT  | A new platform called the APEX to be chaired by the President has been mooted to be the topmost stage to carry out oversight of government programes performance. The platform will be made up of what has been described as the big four government …

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PAC directs CIID to grill Finance Ministry project officials

Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee- Central Government has asked the Criminal Investigations and the Intelligence Directorate (CIID) to interrogate officials heading different projects under the Ministry of Finance for abuse of office. The committee chaired by Budadiri West MP Nathan Nandala Mafabi on Wednesday issued a …

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