Washington, United States | AFP | The US government partial shutdown was set to stretch deep into next week after legislators failed Thursday to make a breakthrough in the row over President Donald Trump’s demand for a US-Mexico border wall. After convening for just a few minutes following the official …
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United Nations, United States | AFP | United Nations member states failed to come up with a deal Friday to make up for a $220 million budget black hole left by the United States downsizing its contribution to peacekeeping operations, diplomats said. The United States had paid around 28 percent …
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Lagos, Nigeria | AFP | Nigerian President Muhammadu Buhari on Wednesday presented parliament with his government’s 2019 budget plan that he said was to help growth, fight poverty and boost infrastructure. The draft budget, at 8.83 trillion naira ($24.3 billion), was smaller than the 9.12 trillion approved for the previous …
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Riyadh, Saudi Arabia | AFP | OPEC heavyweight Saudi Arabia on Tuesday announced an expansionary budget for 2019 but projected a shortfall for the sixth year in a row due to low oil prices. The new budget comes with the oil-rich kingdom reeling under strong international pressure over the murder …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price