Tag Archives: budget

  Harare, Zimbabwe | AFP | Zimbabwe’s new finance minister Mthuli Ncube announced a five-percent cut to senior government officials’ salaries on Thursday in a bid to mend the shattered economy. Ncube’s budget also set out plans for the biometric registration of civil servants to weed out “ghost” workers who …

Kampala, Uganda  | THE INDEPENDENT | The Minister of State for Planning David Bahati has confirmed several radical tax proposals and amendments to the Income tax Bills, including increase excise duty on diesel and petrol by Sh100 for a litre  to generate Sh196.4 billion. Another key new tax proposal is …

THIS WEEK: Shs530billion set aside for salary enhancements, Kasaija Kampala, Uganda | THE INDEPENDENT | While tabling the Shs30 trillion budget for FY2018/19 last week, Finance Minister Matia Kasaija revealed that Shs530billion has been set aside to cater for salary enhancements for some public servants including medical workers, university lecturers, low …

Washington, United States | AFP | US President Donald Trump on Friday signed a $1.3 trillion compromise federal spending bill despite being “unhappy” with many of its provisions — thereby averting what would have been the third government shutdown of 2018. Trump said he signed the measure that had passed the …

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on the National Economy has rejected the approval of a Sh736b domestic loan by the government for statutory payments, including salaries and wages. Last month minister of state for finance in charge of planning, David Bahati tabled before parliament a notice …

But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …

THIS WEEK: CSO calls for rejection of supplementary budget Kampala, Uganda | THE INDEPENDENT | In a statement released on Mar. 02, a Civil Society Organization – CSBAG (Civil Society Budget Advocacy Group) asked parliament to reject unnecessary supplementary budget requests by the government. The organization calls for the Public …

  CSBAG: Budget indiscipline killing Uganda’s economy Kampala, Uganda | THE INDEPENDENT | The Civil society Budget advocacy Group (CSBAG) has asked parliament to reject “unnecessary supplementary budget” requests by government extended to The House for approval. In a statement released on March 2, CSBAG said it wants the Public …

Cape Town, South Africa | AFP | South Africans were hit by the first sales tax increase since apartheid when the country’s finance minister delivered a tough budget on Wednesday, dampening optimism spurred by the country’s new reformist president. President Cyril Ramaphosa took over last week from the scandal-plagued Jacob …

Washington, United States | AFP | President Donald Trump on Monday unveiled an ambitious proposal to renew American infrastructure as part of a budget that calls for a stunning rise in debt and trillions in cuts to social and other spending. The blueprint for the 2019 fiscal year abandons the long-held …