Tag Archives: budget

Kampala, Uganda | THE INDEPENDENT |  President Yoweri Museveni listed the same government Bills for parliament to handle in the coming year as he did in his 2018 Address. Museveni on Thursday delivered the State of the Nation address on the achievements made by the government in the past year, the …

Kampala, Uganda | THE INDEPENDENT |   Moroto District Council has maintained education and administration sectors as top priorities in their budget estimates for the 2019/2020 financial year. The 20.2 billion Shillings budget was approved by council on Wednesday. The education sector received an additional 500 million Shillings from the 5.2 …

Abuja, Nigeria | AFP | Nigerian President Muhammadu Buhari signed an ambitious budget into law Monday, days ahead of the official start of his second term leading Africa’s largest oil producer. Buhari approved the spending plan worth 8.92 trillion naira — about $29 billion based on the official fixed exchange …

Kampala, Uganda | THE INDEPENDENT | Parliament has on Friday in an unprecedented manner passed the 2019/2020 budget totalling 40.48 trillion Shillings without debate on the budget committee report. The report was presented on Thursday afternoon by the committee Chairperson Amos Lugoloobi as well as a minority report by Butambala …

Kampala, Uganda | THE INDEPENDENT | The budget allocation for the agriculture sector will in the next financial year pass the 1 trillion Shillings mark for the first time in what officials say will cater for research, fertilizers and coffee strategy. The allocation to the sector will grow by 300 billion …

  Kampala, Uganda | THE INDEPENDENT | Parliament has approved 1.6 trillion shillings supplementary budget request by government for the current financial year 2018/2019. Part of the money will cater for the on-going President Yoweri Museveni’s countrywide tour on wealth creation. The approved Supplementary is in addition to the current 2018/2019 budget …

Kampala, Uganda | THE INDEPENDENT | The Budget Committee of parliament will not allocate operational funds to Uganda National Airlines Company Limited until a substantive board is put in place. Government is seeking Shillings 59.2 billion for the operations of the national carrier for the 2019/2020 financial year. The money is …

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY FIVE reasons why Shs40 trillion budget is bad: Experts expose how Museveni is destroying economy: THE LAST WORD Our country’s misguided priorities: How the debate on Lubowa hospital exposes the self-indulgence of Ugandan elites …

Kampala, Uganda | THE INDEPENDENT | Economists have warned against over running government budgets saying the move will distort government’s planning processes. Recently, the Ministry of Finance, Planning, and Economic Development (MoFPED) released the Economic Performance report for January 2019. The report revealed that government spent Shs1.286 trillion instead of …

Washington, United States | AFP | Donald Trump signed the first veto of his presidency Friday, overriding congressional opposition to secure emergency funds to build more walls on the US-Mexico border. Trump declared in the Oval Office that he was “proud” to sign the veto. It came after he suffered …