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Tag Archives: budget

Background to the sh48 trillion Uganda budget

BUDGET summary 2022/23 ➡ Shs.48,130.7 billion ❇Domestic revenue: Shs.30,797.3 bn with Shs.23,754.9 bn as tax revenue & Shs.1,795.9 bn as non tax revenue. ❇ Domestic borrowing is Shs.5,007.9bn ❇ Budget support is Shs.2,609.2bn ❇External financing for projects amounts to Shs.6,716 bn of which Shs.4,625.7bn is from loans & Shs.2,090.5 bn …

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Councilors defer Mpigi district budget over lack of quorum

Mpigi, Uganda | THE INDEPENDENT | At least seven councillors have petitioned the Mpigi Chief Administrative Officer challenging the legality of the district’s budget for the financial year 2022/23. Mpigi district council passed a 38.8 billion Shillings budget on Friday amid grumbling among leaders who accused the district executive of undermining …

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Kitgum district approves UGX 36Bn budget

Kitgum, Uganda | THE INDEPENDENT | Kitgum District Local Government has increased its budget for the financial year 2022/2023. The district council on Thursday approved a draft budget of 36.9 Billion shillings, an increment of 1.007 billion shillings up from the 35.9 billion shillings in the financial year 2021/2022. The draft …

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Parliament approves Sh618bn supplementary budget

Supplementary Budget for FY 2021/2022 ➡Shs86.3bn for Office of the President to cater for external financing from EXIM Bank for the National Science, Technology, Engineering and Innovation Skills Enhance Project ➡Shs77bn for State House for classified expenditures, ➡Shs64.4bn for UPDF to facilitate Operation Shujaa in DRC and Shs87.5bn for operations …

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MPs task gov’t to procure road equipment for new districts

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Physical Infrastructure Committee have tasked the Ministry of Finance, Planning and Economic Development to provide funds to procure road maintenance equipment for the new districts. The committee recommends that the 60 billion Shillings that was allocated for the construction of …

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