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Tag Archives: David Bahati

Budget Committee declines to approve UGX 487 billion oil loan

Government intends to secure finances from the domestic market for the oil pipeline project Kampala, Uganda | THE INDEPENDENT | High hurdles still stand in the way to the Final Investment Decision that will see the country’s first oil come out of the ground for the crude to be transported to …

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Gov’t seeks 286 billion shillings loan to restore forests

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Environment Beatrice Anywar has sought parliament’s approval of a 286 billion Shillings loan request from the World Bank to restore forests in the country. Anywar presented the loan request before Parliament’s National Economy Committee alongside the Minister of State for …

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Kabale youth leaders demand facilitation for campaigns

Kabale, Uganda |  THE INDEPENDENT | Thirty National Resistance Movement (NRM) youth leaders from Kabale Municipality on Tuesday stormed the party offices over unpaid campaign facilitation.   In December, the party released 60 Billion Shillings, to enable flag bearers canvass support for President Museveni. The money was meant to boost the party’s …

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Budget committee rejects UGX 336Bn radio procurement deal

Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has declined to approve 336.8 Billion Shillings supplementary budget request by the government to purchase 9 million radio sets for Ugandan homes to facilitate the long-distance learning program. The decision has been disclosed by a section of MPs on the committee who …

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Domestic borrowing will not hurt economy – Bahati

Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance David Bahati has convinced the National Economy committee of Parliament to allow government to borrow domestically saying the economy will be minimally hurt. Bahati was appearing before the committee led by Syda Bbumba to respond to queries raised by Members …

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