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Jan 19 results
17:06
17:06

MPs Throw Out Ministers over Lack of Funding of New Sub Counties 5 1

Lwemiyaga County MP Theodore Ssekikubo questioned why government allowed parliament to okay the creation of new administrative units yet they were not ready to be funded.
10:01
10:01

National Budget Increases by UGX 962 Billion 1

According to the document with corrections to the proposed budget corrigenda presented to parliament by the State Minister for Planning David Bahati, the corrections totalling to Shillings 961.93 billion have increased the total Budget from 30.91 Trillion to Shillings 31.87 trillion.
18:18
18:18

Gov't Proposes Tax Cuts for Confectioneries, Soft Drinks finance committee 4 1

The excise duty on soft drinks will be reduced from 13 percent 240 Shillings per litre to 12 percent 200 Shillings per litre.
18:49
18:49

Govt Defends UGX 8.9 trillion for Debt Payment 1 1

Government has set aside 8.91 trillion Shillings to cater for payment of both domestic and foreign debts in the coming financial year 2018/2019. According to the Treasury Operations budget presented to Parliaments Finance Committee today by the State Minister for Planning David Bahati, payment of the domestic debt will take 2.25 trillion Shillings in the next financial year.
17:15
17:15

UGX 1.9 Trillion Supplementary Requests Worry Budget Committee 2

Lugoloobi says the supplementary expenditure appropriation is becoming a big problem. It follows a supplementary budget request of Shillings 1.9 trillion tabled before the committee this month for the 2017/2018 financial year.
20:12
20:12

Finance Ministry Explains Revenue Shortfalls revenue collections 3 1

The State Minister for Planning David Bahati today, Tuesday, explained the under-performance in the revenue collections citing lower fuel imports, and low corporation tax payments from large corporate taxpayers like telecom companies among others.
17:12
17:12

Gov't Defends Move to Downsize Investment Authority Board 1 1

The bill now proposes that the board shall consist of five persons appointed by the minister from the private sector with sound knowledge and practical experience in business or investment matters. One of these shall be the chairperson. The other board members will be Permanent Secretaries from the ministry of Trade, Lands and Internal Affairs.
07:55
07:55

Parliament Approves Regional Power Supply Loan electricity 3

The approved loan is a top up to the USD 12.4 million loan secured on May 13, 2009 from the African Development Bank to finance electricity transmission and inter-connectivity to neighboring countries. The countries include Kenya, Burundi, Democratic Republic of Congo DRC and Rwanda.
07:20
07:20

Parliament Approves 5 Year Bujagali Tax Waiver 2

Energy and Mineral Development Minister, Irene Muloni, said the tax waiver will reduce power tariffs from US 13.8 Cents to US 11 US that will attract more investors because of cheaper power.
19:57
19:57

Govt on the Spot Over UGX 156B NMS Money health sector 4

Parliament has tasked the Finance ministry to explain the current drug crisis experienced by the National Medical Stores NMS despite a 156-billion-Shilling loan approved by the Ninth Parliament. The money was part of a bigger 200-million-Dollar loan that parliament okayed from the Preferential Trade Area Bank, commonly known as the PTA Bank.
18:05
18:05

Finance Blames Ministries Over Budget Anomalies finance ministry 1 5

Kenneth Mugambe, the Director Budget in the Finance Ministry defended the importance of the PBB system, saying it links money to service delivery. He said the system is an upgrade of the out-put budgeting system that is tamper proof.
18:14
18:14

Kadaga Adjourns House Over Absentee Ministers tax bills 1 1

Speaker of Parliament Rebecca Kadaga was this afternoon forced to adjourn parliament after the finance ministers failed to show up to defend proposed tax bills. Finance minister Matia Kasaija has four state ministers including David Bahati for Planning, Gabriel Ajedra for General Duties, Evelyn Anite for Privatisation and Haruna Kasolo for Micro-finance.
07:11
07:11

NSSF Cautions against Rush in Pension Reforms finance ministry 5 1

NSSF Board Chairman Patrick Byabakama Kaberenge said that efforts should be made to consolidate NSSFs strength as a strategic institution instead of weakening it through the planned liberalization of the pensions sector.
18:48
18:48

Govt Allocates UGX 41B for Food Relief agriculture funding 1

Cabinet has today made adjustments to the 2017/2018 budget raising an additional 15 billion Shillings for immediate food relief to the country.
16:31
16:31

MPs Reject Minister's report on Budget Performance finance minister 3

The report that had been presented before them by State Minister for Planning David Bahati sought to analyse allocations, expenditures and fiscal performance for the financial year 2015/2016, now in its third quarter.
12:16
12:16

Oil Infrastructure, Irrigation Schemes to Top Gov't Priorities recapitalisation 5

David Bahati, the State Minister for Planning also confirmed to URN that oil infrastructure is one of the government priorities in the next financial year.
18:28
18:28

Govt On Spot Over Uganda Cranes Facilitation 2

On September 4th, Uganda Cranes take on Comoros national football team in the 2017 Africa Cup of Nations qualifier game at Namboole, Kampala.
14:34
14:34

MPs to Block Budgets Inconsistent with National Plan uganda vision 2040 4 1

Parliaments finance committee is spearheading a move to block any proposed ministerial budgets that deviate from the National Development Plan NDP.
17:47
17:47

Gov\'t Provides UGX16bn for Mulago Imaging Equipment 2

However, Geoffrey Ekanya, the Tororo County Member of parliament expressed concern on why government has neglected crucial frontier town health facilities like Tororo Referral hospital.
Jan 19 results