Members of Parliament have reacted differently to the National budget worth 24 trillion shillings. This budget moved from 14.9 trillion shillings to 24 trillion shillings giving hope to many MPs that it will help to improve the Uganda’s economy and tackling the issues related to wealth creation. The budget is highly consumed by the energy sector, defence, […]
The national budget for the financial year 2015/2016 has been hiked from 18.8 trillion shillings to 24.1 trillion shillings. The new proposals in the budget have been tabled before Parliament by the State Minister of Finance in charge of Planning, David Bahati. The chairperson Budget Committee of Parliament, Amos Lugolobi, says that the money added will settle the […]
The Minister of Finance, Planning and Economic Development on June 15 read the national budget 2012/2013. The budget as better funding education and health among other sectors, while some new charges like more tax on water has been heavily criticized. Government of Uganda Budget Financial Year 2012-13 is a detailed copy of the national budget speech and […]
The government ofUgandahas agreed with commercial banks to fix interest rates to be charged on money given out to the youth in form of loans. The minister ofUgandafor Finance Minister, Maria Kiwanuka says that the banks will charge 15% for a period of six months. Some of the banks the government has agreed with include […]