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Tag Archives: Kasaija

KASAIJA: Uganda’s debt remains sustainable

Kampala, Uganda | THE INDEPENDENT | Minister of Finance Matia Kasaija has said Uganda’s debt remains sustainable with nominal debt to GDP of 41.5%. He said the debt levels are comfortably below the international sustainability threshold of 50% debt to GDP ratio –  beyond which debt starts getting unsustainable – and …

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MPs challenge Kasaija request for Sh736b domestic loan

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on the National Economy has rejected the approval of a Sh736b domestic loan by the government for statutory payments, including salaries and wages. Last month minister of state for finance in charge of planning, David Bahati tabled before parliament a notice …

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Bad news on revenue collection

But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …

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THE INDEPENDENT: The politics behind Kasaija censure calls

    IN THE INDEPENDENT THIS WEEK: The politics behind calls to censure Kasaija, fire Muhakanizi Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE Independent. COVER STORY Shs700bn loan saga: The politics behind calls to censure Kasaija, fire Muhakanizi EDUCATION O’ level science subjects: Why …

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Kadaga blocks Kasaija censure motion

Kampala, Uganda | GODFREY SSALI | The Speaker of Parliament Rebecca Alitwala Kadaga has directed the Auditor General John Muwanga to conduct a special audit into the account of the Treasury, to establish how and where the $200 million that was meant to purchase drugs was spent. Kadaga ruled on …

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NSSF’s Byarugaba sets new target

But will he achieve the Shs 20 trillion in savings by 2022? Kampala, Uganda | JULIUS BUSINGE | Richard Byarugaba was recently re-appointed as the managing director of the National Social Security Fund for another five-year term. His performance in the first term seems to have impressed his supervisor – the …

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