Economists welcome debt repayment but decry budget cuts for social sectors Kampala, Uganda | JULIUS BUSINGE | The government is seeking to increase spending by 5% to Shs34.3 trillion in the next financial year that starts in July amidst proposed budget cuts for critical sectors including security, education, health, social development, …
Read More »Surprises in 2018 Uganda budget
Surprises in 2018 budget:mFinance Ministry makes right moves, but timing could be wrong Kampala, Uganda | JULIUS BUSINGE | For years now, Uganda’s budget making process has been dominated by debates about four contentious issues; the government’s huge investment in infrastructure, domestic resource mobilisation, the size and rate of external …
Read More »Uganda eyes 15% raise in spending to Sh30.2 trillion for 2017/8
Private sector say government proposal to increase domestic borrowing from Shs1.3trillion to Shs1.4 trillion will deny them of cheap financing during the year Uganda has once again released its budget proposal for the next financial year, raising government spending 15% to Shs30.2trillion in the fiscal year from July, with bulk …
Read More »Equal Opportunities Commission releases gender report
The Equal Opportunities Commission has released its third report naming sectors complying with gender issues in their yearly budgetary allocations for the FY2017/2018. While releasing the report at the Commission’s head offices in Kampala at the end of December 2016, Sylvia Ntambi, the Commission’s chairperson said overall sectors performed at …
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