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 …
Read More »CSOs ask Uganda parliament to reject supplementary budgets
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 …
Read More »S.Africa hikes sales tax in ‘tough’ post-Zuma budget
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 …
Read More »Trump budget includes infrastructure plan, steep social cuts, rising deficits
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 …
Read More »Trump to unveil $1.5 trillion infrastructure plan
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 …
Read More »Chad vows no more pay cuts under austerity drive
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 …
Read More »France to spend 37 bn euros on upgrading nuclear arsenal
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 …
Read More »Surprises in 2018 Uganda budget
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 …
Read More »IN THE INDEPENDENT: Surprises coming up in 2018 budget
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: …
Read More »Chad shelves bid to cut civil service salaries
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 …
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