The Parliament of Uganda has approved a supplementary budget of 617.97 billion Shillings for the 3rd June Martyrs’ day activities, classified expenditure, and Uganda People’s Defence Forces –UPDF operations in Congo. The approval followed a request by Henry Musasizi, the Minister of State for Finance –General Duties. The supplementary budget is for this financial year…
The Chairperson of the Finance Committee, Keefa Kiwanuka has advised the Minister of Finance to re-allocate the Shs319 billion earmarked in the 2022/2023 budget for the International Specialised Hospital in Lubowa. This was during the meeting with the Ministers of Finance, led by Matia Kasaija while appearing before the committee on Wednesday, 20 April 2022…
President Yoweri Museveni has directed the Ministry of Finance, Planning and Economic Development to release sh3.024 billion to facilitate research on the use of Ivermectin prophylaxis in the treatment of COVID-19 infection. Last year, the President tasked the Uganda People’s Defense Forces – UPDF medical team to research on the use Ivermectin prophylaxis in the…
Uganda Revenue Authority (URA) has halted the enforcement of the 15 per cent withholding tax on oil marketing companies. According to URA, this is to allow for further discussions between stakeholders on the matter on Friday. This comes after the oil marketing companies in Uganda petitioned the Ministry of Finance to intervene in a tax dispute…
The government has earmarked sh608.2 billion for implementing the Emergency Medical Services Policy and Strategy for the next five years. The Emergency Medical Services – EMS is a department under the Ministry of Health that seeks to increase access to on-scene emergency medical care and the proportion of emergency patients receiving ambulance response within one…
The Deputy Speaker of Parliament Rt. Hon. Annet Anita Among has directed the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) to investigate scandalous UMEME’s conduct and present a report on the findings as soon as possible. Among, via her official Twitter handle on Tuesday said, “I am directing COSASE to investigate the conduct…
The Permanent Secretary in the Ministry of Finance, Planning and Economic Development (MoFPED) Mr Ramathan Ggoobi has clarified to Parliament on the status of Government’s 25% shares held in the Commonwealth Resort, Munyonyo. In a detailed letter to the Clerk to Parliament Parliament, Mr Ggoobi also a leading economist noted that Finance Ministry is at…
The National Social Security Fund (NSSF) Managing Director Richard Byarugaba has said, the institution doesn’t have the 20% midterm access to savers who clock 45 years. Byarugaba made remarks while appearing before the Gender, Labour and Social Development Committee of Parliament at Serena Hotel Thursday. He was explaining the various ways through which the sh15.6…
In a landmark ruling by the Constitutional Court, Bank of Uganda and it’s employees have lost immunity against legal proceedings and it can now be sued. Previously, BoU was protected by Sections 118 and 124 of the Financial Institutions Act which stated that; “No suit or other legal proceedings shall lie against the Central Bank…
The Ministry of Finance, Planning and Economic Development has warned ministries and government departments against relying on supplementary budgeting in the next financial year, saying it will not be easy for them. Minister Matia Kasaija told the National Budget Conference, that supplementary requests are making it hard for the ministry to plan and implement programs.…
