Tag Archives: ministry of finance

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has tabled a supplementary request to Parliament of up to 3.4 trillion shillings which is about 7.5% of the total budget of this financial year. Although the total budget for Financial Year 2020/2021 is 45.49 trillion …

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has directed the Ministry of Finance, Planning and Economic Development to review taxes on imported textile, following uproar from traders who said the new tax regime is prohibitive. In a meeting with the United Textile Group and Manufacturers’ Association …

Kampala, Uganda | THE INDEPENDENT | At least 21 staff at the Ministry of Finance and six from Uganda National Roads Authority (UNRA) have tested positive for the Coronavirus (COVID-19) as the cases grow among different private and public agencies. Finance staff under-went mandatory COVID-19 test on August 19. Test results, …

Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday resolved to reject a motion tabled by the Minister of State for Planning David Bahati which sought to re-allocate funds in the financial year 2020/2021 budget to operationalize the newly created cities. On 28th April, Parliament approved the creation of 15 new …

  Kampala, Uganda | THE INDEPENDENT | Uganda’s coffee exports topped 5.1 million bags in the financial year 2019/2020, a 21% jump compared to a year before, the Ministry of Finance has said. Each bag is 60 kilograms. The Ministry says in the latest reporting that this was the highest …

Kampala, Uganda | THE INDEPENDENT | Headteachers in government-aided learning institutions are up in arms over the decision by the Ministry of Finance asking them to return funds they had received for the second term in the fourth quarter of the 2019/2020 financial year. On July 22, Keith Muhakanizi, the …

Kampala, Uganda | THE INDEPENDENT | Leaders of several tertiary institutions have asked the government to reconsider its move to suspend operational funding to all learning institutions. Recently, the Ministry of Finance noted that funding for educational institutions except the wage bill, would only be available when the government reopens …

Kampala, Uganda | THE INDEPENDENT | The National Economy committee of Parliament is investigating circumstances under which the Ministry of Finance failed to reconcile money amounting to 666 billion Shillings for the month of March 2020. According to a presentation by Parliament’s Budget Office to the National Economy Committee, up to …

#UGBUDGET20 ✳ Sh45.5 trillion ✳ Cuts on travel, conferences ✳ Security Sh4.5 trillion ✳ Works Sh5.8 trillion ✳ Govt to borrow Sh11trillion ✅ 2020 – Sh45 trillion ✅ 2019 – Sh40 trillion ✅ 2018 – Sh32 trillion ✅ 2017 – Sh22 trillion ✅ 2016 – Sh20 trillion Kampala, Uganda | …

Kampala, Uganda | THE INDEPENDENT | President Museveni has rejected a loan of 1.4 trillion shillings ($400m) accusing the Ministry of Finance of lack of seriousness. This is part of the 3.5 trillion Shillings request that the Minister of Finance Matia Kasaija sought in January. Of this, 596 billion Shillings …