Tag Archives: budget

Washington, United States | AFP | Donald Trump’s administration will sketch out more details of its plan to invest in America’s creaking infrastructure Monday, hoping it can leverage up to $1.5 trillion for the cause. Senior White House officials said the president’s budget, due to be released on Monday, will …

N’Djamena, Chad | AFP | Chad’s finance minister says the country will not impose further cuts on civil servants’ pay this year, after strikes and protests erupted over one of the most unpopular measures in an austerity programme. “There won’t be further cuts this year,” the finance and budget minister, Abdoulaye …

Paris, France | AFP | France is planning a 37-billion-euro revamp of its nuclear arsenal over the next seven years, part of a sharp increase in defence spending aimed at allowing France to “hold its own” as a key power in Europe, the country’s defence chief said Thursday. The upgrades …

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 …

IN THE INDEPENDENT: Surprises coming up in 2018 budget Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent News Magazine. COVER STORY Surprises in 2018 budget: Finance Ministry makes right moves, but timing could be wrong. BUSINESS Panic as China stops import of recycled plastics: …

N’Djamena, Chad | AFP | The cash-strapped central African nation of Chad has suspended a plan to reduce the salaries of its civil servants, Prime Minister Albert Pahimi Padacke announced on Wednesday. The plan, announced earlier this month, aims to ease the strains on a budget badly hit by a nearly …

YEAR IN REVIEW: June 2017 Kampala, Uganda | THE INDEPENDENT | June 8: This is traditionally the budget-reading month and Matia Kasaija, the Minister for Finance, Planning and Economic Development read a Shs29trillion National Budget. The government increased budgetary allocations to the Science and Information Technology sectors. Earlier on June 6, …

Washington, United States | AFP | President Donald on Tuesday signed a massive defense policy bill that he said would help America bolster its military might and modernize the services. The National Defense Authorization Act (NDAA) calls for nearly $700 billion of military spending for the coming fiscal year, but Congress …

Abuja, Nigeria | AFP | Nigerian President Muhammadu Buhari on Tuesday presented a record 8.6 trillion naira ($24 billion, 20.8 billion euros) budget to the National Assembly to support the country’s economic recovery. Buhari, addressing a joint session of lawmakers in Abuja, said the spending was a 16 percent increase over …

Nairobi, Kenya | PSCU |  Kenya President Uhuru Kenyatta has signed into law the Supplementary budget that allocates  ($116 million) for the October 26 fresh presidential poll and Kshs 25 billion ($242 million) for free secondary education that kicks off in January next year.  The Supplementary Appropriation (No. 3) Act, 2017, also allocates Kshs 6.7 billion …