Tag Archives: budget

Kampala, Uganda | THE INDEPENDENT | Parents hoping for a reprieve from the ever-skyrocketing school fees in public and government-aided schools will have to wait. The government has in the past promised to increase funding to the education sector so that it gradually offers free education. While universal primary and …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda’s mineral and agriculture sector have the potential to spur the country’s economy to match some of the top countries in Africa. “Our aim is to catapult the economy from USD 55 billion to USD 500 billion in the near …

Kampala, Uganda | THE INDEPENDENT |  The Minister of Finance, Planning and Economic Development, Matia Kasaija says the government will strive to achieve double-digit economic growth. Economic growth refers to an increase in the aggregated production and market value of economic commodities and services in an economy over a specific …

Kampala, Uganda | THE INDEPENDENT | For many Ugandans, the thought of beer conjures warm memories, cheers with friends, or a cold drink at the end of a long day. However, they will in the next financial year dig deep into their pockets to have their favorite drink as the …

✅FY 2024/25 is the 5th & final implementation year of NDP3. NDP4 will implement the first 5 years of the strategy for growing the economy 10-fold. ✅The economy sustained recovery from the effects of COVID-19,growing at about 6% in FY 2023/24,compared to 5.3% in FY 2022/23 & 4.6% in FY …

Kampala, Uganda | THE INDEPENDENT | The civil society groups in Uganda have termed the next national budget ineffective in answering the country’s pressing needs. The Minister of Finance, Planning and Economic Development is due to present this Thursday a sh72 trillion budget, which was revised at the last minute …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development will today launch the National Budget Month 2024/2025, to give the context around the 72 trillion budget for next year. The Budget Month events are part of the ministry’s compliance with the Public Finance Management Act …

Mbarara, Uganda |  THE INDEPENDENT | Mbarara City Council has reduced its budget for the next financial year by 15 billion shillings The City Council on Friday approved 51.4 billion shillings down from 66.89 billion shillings for the financial year 2023/2024. While presenting the budget estimates Ronald Taremwa, the Secretary for …

The biggest portion of the budget, Shs32.3 trillion, will be sourced from domestic revenue, while other sources include budget support and domestic financing Kampala, Uganda | AGENCIES | Uganda’s Parliament approved a substantial national budget for the fiscal year 2024/2025, setting an ambitious Shs72.136 trillion financial blueprint after ratifying the Appropriations …

Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday passed a Sh72.130 trillion national budget, up from an earlier proposed total of Sh58 trillion. This is a Sh20 trillion increment from the last financial year budget of Sh52 trillion. Parliament Watch @pwatchug indicates that, payment of Uganda’s public debt commands the lion’s …