President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …
Read More »LIVE: Matia Kasaija’s Sh29 trillion budget
LIVE: The Minister of Finance, Planning and Economic Development Matia Kasaija has read out a Shs29 trillion 2017/18 national budget for Uganda. Kasaija read the budget to parliament on behalf of President Yoweri Museveni. (READ FULL BUDGET HERE click) Before that, the Minister of Works tabled the Civil Aviation Authority amendment bill 2017 …
Read More »Today is national budget speech day
The Minister of Finance, Planning and Economic Development Matia Kasaija will today present the financial year 2017/18 national budget which is expected to hit Shs29 trillion up from last year’s Shs 26.3 trillion. Kasaija will read the budget to parliament on behalf of President Yoweri Museveni who will later comment …
Read More »LIVE: Museveni delivers State of the Nation Address 2017
In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda, President Yoweri Museveni on Tuesday delivered the State of the Nation Address, 2017. The president mainly gave accountability on particular government commitments and appraised the country of the plans and strategies for the …
Read More »Making sense of Uganda’s current economic struggles
Kampala, Uganda| CSBAG| Every time a government official comes out to explain why the economy is poorly performing, they cite external and natural factors. These range from slow growth in China, to fall in commodity prices, tight financing conditions in Europe, and geo-political events such as Brexit and U.S politics. …
Read More »SH29 TRILLION: What are the key issues in the proposed Uganda budget?
Budget provided biggest share of Sh4.6 trillion to the works and transport sector representing 21%. The Sh29 trillion national budget approved by Uganda’s Parliament on Wednesday provides its biggest share to the works and transport sector with an allocation of sh4.6 trillion representing 21%. While presenting the financial year …
Read More »Kasaija convinces parliament to pass Shs29 trillion budget
Uganda’s Parliament has passed a Sh29 trillion budget for fiscal year 2017-18 on deadline day Wednesday despite stiff opposition to the amount of loans. Parliament only moved to consider the Appropriation Bill,2017 which is the final stage of the budget process, after the Deputy Speaker suspended The House for 15 minutes …
Read More »Makerere Visitation Committee funding questioned in parliament
Parliament questions State House over Makerere Visitation Committee funding Members of Parliament (MPs) on the Budget Committee have condemned a move to fund the Makerere University Visitation Committee from the State House budget. The expenditure by the visitation committee was on Wednesday the center of a heated debate between MPs and …
Read More »Oulanyah faults Museveni on Electoral Commission budget
Kampala, Uganda | PWATCHUG| The Deputy Speaker of Parliament Jacob Oulanyah has blamed President Yoweri Museveni for inadequately funding the Electoral Commission. Oulanyah said this while meeting officials from the Electoral Commission led by its Chairperson Justice Simon Byabakama, who complained of lack of funds to hold elections in seven …
Read More »Tumusiime: When is Uganda allocating 10% budget to agriculture?
Former African Union Commissioner Tumusiime roots for increased agricultural funding as she launches her autobiography Former African Union (AU) Commissioner Rhoda Peace Tumusiime has demanded that Uganda’s finance ministry explains why the agricultural sector is underfunded. “When are you making the 10 percent budget allocation to agriculture? This is a decision at a …
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