Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has said that Ugandan scientists have requested for more than 248 Billion shillings for producing the Covid-19 vaccine. Kasaija was appearing before Parliament’s Covid-19 taskforce together with Henry Musasizi, the State Minister for Finance General Duties and Kenneth Mugambe, …
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Kampala, Uganda | THE INDEPENDENT | The planned parish development model will be implemented with much less funds as the finance ministry agreed to slash over 290 billion shillings from its budget. The government had intended to spend over 490 billion shillings on the model but it met resistance from members …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Budget Committee has questioned the Minister of Finance Matia Kasaija on the low funding to the Judiciary despite a recent directive by President Yoweri Museveni for a 800 billion Shilling budget allocation. Kasaija on Monday appeared before the Committee to present the 3.48 trillion additional …
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Kampala, Uganda | THE INDEPENDENT | For the second time in two months, members of Parliament’s Budget Committee have humiliated Finance Minister Matia Kasaija over his baffling requests for funding. Late January Kasaija’s request for sh481 billion shillings to recapitalise Bank of Uganda was thrown out and the central bank also …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning David Bahati together with the Finance Ministry Director Budget Kenneth Mugambe on Thursday came under criticism over the move to borrow funds to finance activities for the 2021 general elections. Minister Bahati and Mugambe had appeared before the Legal …
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Kampala, Uganda | THE INDEPENDENT | The government has exhausted resources in the Petroleum Fund, Parliament has learnt. This is after the Minister of State for Planning David Bahati confirmed a zero budget allocation from the fund to support the coming financial year 2020/2021 budget despite previous allocations. “There is …
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Kampala, Uganda | THE INDEPENDENT | The Director Budget in the Ministry of Finance, Kenneth Mugambe says that the proposed budget for the coming financial year 2020/2021 is expected to increase once on-going project negotiations that require external financing are concluded. According to the Budget framework paper accessed by URN, government …
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Kampala, Uganda | THE INDEPENDENT | Kenneth Mugambe, the director budget at the Ministry of Finance, has said some of the targets contained in Uganda’s National Development Plans (NDPs) don’t reflect the reality and fail to consider the political environment they are operating in. Mugambe, who was speaking at the United Nations …
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Kampala, Uganda | THE INDEPENDENT | No government agency will be allowed to purchase new cars in the 2019/20 financial year. Money initially intended for the vehicles will now be reallocated to other activities, according to Kenneth Mugambe, the Director Budget at the Ministry of Finance. Mugambe told a breakfast …
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Intelligence body’s annual wages are only Shs. 38 billion For the last six months intelligence operatives working for the Internal Security Organisation (ISO) have not received salaries and the agency is stuck with no operations’ money, raising concerns in the security establishment, an investigation by The Independent reveals. Officials had …
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The Independent Uganda: You get the Truth we Pay the Price