Tag Archives: treasury

Luwero, Uganda | THE INDEPENDENT | Luwero district has returned Shillings 4.7 billion to the national treasury after failing to absorb the funds allocated for the financial year 2022/23. A report from the district finance department reveals that Shillings 2.3 billion was earmarked for supporting small-scale farmers in their transition from …

New York, USA | Xinhua | The U.S. dollar fell broadly against its major rivals in late trading on Friday. The dollar index, which measures the greenback against six major peers, dropped 0.67 percent to 103.7153. In late New York trading, the euro rose to 1.0682 U.S. dollars from 1.0611 dollars in …

Kitgum, Uganda | THE INDEPENDENT | Kitgum municipal council has received back 8.1 billion shillings for the Uganda Support to Municipal Infrastructural Development programme [USMID] fund that it had returned to the treasury in June this year. The money is part of 11.5 billion shillings World Bank funded USMID cash the …

Kitgum, Uganda | THE INDEPENDENT | Kitgum municipal council has returned 12.4 billion shillings unspent funds for the 2019/2020 financial year to the treasury. Out of the 12.4 billion shillings, 441 million shillings was supposed to facilitate payment of staff salaries, 84.5 million shillings for pension, 335.9 million was meant for …

  Tororo, Uganda | THE INDEPENDENT | Tororo District Local Government has returned sh5.1 billion to the national treasury as unspent funds for the 2019/2020 financial year. The Public Finance Management Act 2015 section 17 (2) stipulates that a local government that does not spend money that was appropriated to …