Views: 0 Construction of Hoima City stadium is expected to start after Parliament approved the required Shs152 billion, part of the Shs288.6 billion Supplementary Budget Schedule No.03 on Thursday, 16 May 2024. ahead of the African Cup of Nations (AFCON) in 2027. The Ugandan Parliament has approved a supplementary budget of UGX 152 billion for […]
House approves Shs152 billion for Hoima City stadium construction Read More »
Views: 0 The Ministry of ICT and National Guidance has decried inadequate funding which they say is hindering the implementation of a number of government programmes under their docket. This was revealed by the ministry’s Permanent Secretary, Ms Aminah Zawedde during the opening of the two-day retreat for MPs on committee of ICT and National
ICT Ministry says low funding hindering implementation of govt programs Read More »
Views: 0 By Godfrey Kiyingi/KMA Updates The Minister Of State forF inance and General Duties Henry Musasizi, has defended the increase of tax on fuel products from Shs1450 to Shs1550 saying Uganda’s economy has recovered from the COVID-19 pandemic & the increase is part of Parliament’s earlier recommendation to have tax on fuel products increased
Views: 0 The Ministry of Defence is spending a total of Shs400 million monthly to fly troops to Somalia and other destinations following the grounding of planes owned by Uganda Air Cargo. The Permanent Secretary of the Ministry, Rosette Byengoma, told the Committee on Defence and Internal Affairs that Uganda Air Cargo has been chartering
Defence spending Shs400m monthly to fly troops to Somalia Read More »
Views: 0 Finance Committee Chairperson, Hon. Amos Kankunda, (left) and the Executive Director UMRA, Ms. Edith Tusuubira, during the committee meeting on Monday 26 February 2024 The Uganda Microfinance Regulatory Authority (UMRA), has protested the move by government to move it into the Ministry of Finance saying that its objectives and functions will not be
Microfinance body protests merger Read More »
Views: 0 Concerns on the increasing public debt burden continue to dominate debate and this time, Deputy Speaker, Thomas Tayebwa has directed the Committee on National Economy to make an assessment on the country’s public debt and report back to Parliament. Tayebwa made the directive during the debate on the National Budget Framework Paper for
Committee on National Economy to assess country’s debt Read More »
Views: 0 Government is urged to consider non-taxed areas and those with revenue leakages as a way of raising revenue.Members of the Budget Committee aver that this would bridge the budgetary gaps that have kept key priorities unfunded for years. The proposals were made during the committee’s interaction with officials from the Ministry of Finance
Plug tax gaps to finance budget – MPs Read More »
Views: 0 Parliament has approved Shs3.5 trillion supplementary funding to cater for various government sectors including State House, President’s Office and the Ministry of Health. The funds, under the Supplementary Expenditure Schedule No.1 for the Financial Year 2023/2024, were approved during the House sitting on Wednesday, 6 December 2023. The Minister of State for Finance
Kampala,Uganda:Parliament approves Shs3.5 trillion Supplementary funding Read More »
Views: 0 Hon. Matia Kasaija, the finance minister, said a supplementary request to fund the students’ loan scheme was being processed There is a new lease of life for students under the Higher Education Students’ Financing Board (HESFB) after Parliament guided the finance ministry on how to plug the funding gaps affecting the operations of
Kampala,Uganda:Supplementary request in offing to fund students’ loan scheme Read More »
Views: 0 KCCA management has welcomed the President’s directive to the Minister of Finance to release the road maintenance budget to KCCA to take care of the bad roads. The Presidential Directive was made at State House Entebbe on Wednesday while meeting a cross section of government leaders. The President directed the release to KCCA
KCCA applauds Presidential directives on roads in Kampala Read More »
