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 …
Read More »US spending deal: More military funds, none for border wall
Washington, United States | AFP | US congressional leaders on Monday unveiled a bipartisan deal funding government through September, with a compromise that includes President Donald Trump’s call for increased military spending but ignores his demand to fund a border wall. The agreement was struck late Sunday after weeks of …
Read More »Parliament, Ministry of Finance clash over budget
It was a confrontational scene in parliament as MPs reacted angrily to officials from Ministry of Finance who refused to incorporate proposals and recommendations made by MPs on the budgeting process. Members of the Budget Committee led by Chairman Amos Lugoloobi lashed out at the officials who included Minister of …
Read More »COMMENT: Policy, institutional reforms needed for Uganda’s economy to recover
COMMENT: Policy and institutional reforms are needed for Uganda’s economy to recover – CSBAG Economic growth is not a chance event although it can benefit from chance events. There must be a plan that guides deliberate actions that are derived from a coherent or logical way of thinking. The logical critical …
Read More »MPs question sh77 billion paid out in Corporate Tax incentives
MPs task government to explain “loss” of tax payers’ money through incentives to specific companies as sh524 billion supplementary budget is tabled Uganda Parliament’s Budget Committee has tasked the Ministry of Finance to explain to them as soon as possible why government chose to help pay huge taxes for profit making companies. …
Read More »Trump to slash foreign aid in ‘hard power’ budget plan
Washington, United States | AFP | President Donald Trump will propose drastic cuts to America’s foreign aid and environmental programs in a security-heavy first budget blueprint to be released later Thursday. In a plan designed to translate bold campaign promises into dollar and cent commitments, the Republican leader will propose …
Read More »Trump eyes increase in defense spending
Washington, United States | AFP | President Donald Trump teased a budget plan Monday that includes a nearly 10 percent increase in defense spending and a “large reduction” in foreign aid. Previewing measures aimed at backing up campaign promises with dollars and cents, Trump promised a “public safety and national …
Read More »