Kampala, Uganda | THE INDEPENDENT | The East African Community-EAC Council of Ministers has tabled the budget estimates for the 2021/2022 financial year totaling US$91,784,296. The budget theme: Economic Recovery through Industrialization and Inclusive Growth, aims to focus on the policymakers, implementers and legislators at a time the COVID-19 pandemic had …
Read More »Opposition wants budget recalled to include Covid-19 support
Kampala, Uganda | THE INDEPENDENT | The Opposition in Parliament has called for a revision of the 2021-2022 financial year budget to cater for the COVID-19 crisis that has hit the country. The call was made during a press conference jointly addressed by the Leader of Opposition Mathias Mpuuga Nsamba, and …
Read More »Judiciary pledges to fast track cases after budget increment
Kampala, Uganda | THE INDEPENDENT | The judiciary has pledged to fast-track cases and improve access to justice after an increase of its budget for the 2021/2022 financial year. On June 10, 2021, the designate State Minister for Finance in charge of Planning, Amos Lugoloobi while reading the budget said the …
Read More »IN THE INDEPENDENT: The reshuffle!
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY The reshuffle?: Museveni new cabinet; It’s his fight for survival THE LAST WORD On Museveni’s new cabinet: The president’s choice of ministers and what it tells us about the factors that shape the …
Read More »National Budget: Human capital, security and governance take lion’s share
Kampala, Uganda | THE INDEPENDENT | Government will next financial year spend a big chunk of the budget on interventions for human capital development, security and integrated transport infrastructure among others. The 2021/2022 financial year budget set to come into effect on 1st July 2021, was on Thursday afternoon presented to …
Read More »LIVE: MP Lugoloobi will read Uganda’s budget 2021
➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …
Read More »New KCCA speaker dismayed by authority’s low budget allocation
Kampala, Uganda | THE INDEPENDENT | The newly elected Speaker of Kampala Capital City Authority-KCCA, Zahara Luyirika has expressed dismay over the low budget allocations to the authority during the budgeting process. Speaking at City Hall after taking oath as KCCA speaker, Luyirika said it’s a disgrace that while the city …
Read More »Lower middle income status: The big miss in Kisanja hakuna mchezo
Kampala, Uganda | THE INDEPENDENT | At the time of the inauguration of a new cabinet in 2016, President Yoweri Museveni, who had been in power for 30 years back then, boasted that Uganda was on the cusp of achieving lowe-middle-income status This is a term used by the World Bank …
Read More »Kitgum district budget up by one percent
Kitgum, Uganda | THE INDEPENDENT | Kitgum District Local Government has increased its 2021/2022 Financial year budget by 1.1 percent, up from the previous 2020/2021 Financial year budget. The District Council on Monday approved a draft budget of 36.3 billion Shillings, an increment of shillings 2.9 billion from shillings 33.3 Billion …
Read More »Gov’t lacks work plan for UGX 200Bn withdrawn from Petroleum fund
Kampala, Uganda | THE INDEPENDENT | There is no clear work plan for the 200 Billion Shillings that parliament has approved as an appropriation from the Petroleum Fund to partly finance the budget for the coming financial year 2021/2022. The House chaired by Speaker Rebecca Kadaga on Friday passed a 44.77 trillion …
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