Kampala, Uganda | URN | The expected oil revenues could provide an important source of financing for the country’s Energy Transition Plan (ETP), but they will not be sufficient on their own to fund investments required to transform the energy sector and achieve broader development goals, experts have said. The …
Read More »Musasizi’s first budget, oil revenues and leap to middle income
Kampala, Uganda | URN | Henry Musasizi delivered his first budget speech as Minister of Finance, Planning, and Economic Development on Thursday. The 84.4 trillion shilling 2026/2027 budget is aimed at implementing the government’s Tenfold Growth Strategy, aimed at growing to 500 billion dollars by 2040 from 53 billion in …
Read More »EXPERTS: Oil revenues still at risk of misuse
Kampala, Uganda | THE INDEPENDENT | Tax experts have voiced concerns about the government’s failure to significantly increase domestic revenue mobilisation levels amid dwindling external assistance sources. Uganda’s domestic revenues have remained at around 13 percent of the economy’s value for years despite government efforts to increase the ratio to …
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The Independent Uganda: You get the Truth we Pay the Price