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Gov’t to borrow shs2 Trillion to finance deficit budget

The government yesterday presented before Parliament for approval a euros 600 million (about sh2.4 trillion) loan request, to finance the 2019/2020 budget deficit....

Museveni & MPs exchange bitter words over salary Increment & budget...

President Yoweri Museveni has warned MPs against continually increasing their salary, saying it is wrong. In a closed-door NRM Caucus meeting at State House Entebbe on...

Summary: Pros & Cons of yesterdays budget

When talking about this budget, it is important not to underlook certain things that are fundamental to the performance of our economy. For instance, the Auditor...

Parliament approves sh40.4 trillion for 2019/2020 budget

After a long budgeting process, Parliament yesterday passed the 2019/2020 national budget totaling sh40.4 trillion, up from sh32.7 trillion for the 2018/2019 financial year....

Govt seeks sh770b supplementary budget approval

The Government is seeking parliamentary approval for a supplementary budget of sh770b critical and urgent items which cannot wait for the next financial year. The sh770b...

Government unveils 34 Trillion 2019 budget

The Government has finalized the formulation of the draft budget (Budget Framework Paper) for the 2019/2020 financial year, with greater priority being given to...