FISCAL RISK STATEMENT FY 2024/25:

We have issued this Statement that looks at the different fiscal risks that could impact on the national budget and economic forecasts.

The identified risks include: Macroeconomic risks (domestic & external),climate change risks & natural…

Internal Auditor General Dr Fixon Akonya Okonye (middle) & CPA Hussein Isingoma,Commissioner Internal Audit Mgt share a moment with Parliament of Uganda Deputy Speaker Thomas Tayebwa (left)who opened the 18th annual Internal Audit conference organised by the Institute of Internal…

Minister of State for General Duties Hon Henry Musasizi today represented Parliament of Uganda Speaker at
Afrosai E 20th Governing Board meeting and 2024 Strategic Review at Speke Resort Munyonyo

The Office of the Auditor General of Uganda is hosting the AFROSAI-E, a 26 English speaking member…

We join you all in celebrating the workers and recognising their contribution to the development of our country.
#HappyLabourDay
#DoingMore

Finance Minister Matia Kasaija who is attending the 2024 Islamic Development Bank Group Annual Meetings in Riyadh,Saudi Arabia (27-30 April,2024) has signed a financing agreement with the President of IsDB Group H.E Dr Muhammad Al Jassar worth USD 295 million for upgrading of…

Minister of State for General Duties Hon Henry Musasizi today led Ministry of Finance team & other votes with supplementary requests before Parliament of Uganda Committee on Budget which is considering the supplementary expenditure schedule No.2 for FY 2023/24 (Budget Neutral).

Votes are…

Finance Minister Matia Kasaija has today received the report on compliance of the national budget estimates and ministerial policy statements with gender and equity requirements for the FY 2024/25 from Equal Opportunities Commission chairperson Hon.Sofia Nalule Juuko.

The Equal Opportunities Commission chairperson informed the…

I met the leaders of traders from Kampala and other districts at Entebbe.

I listened to their issues, which included:

1. The tax on textiles calculated based on kilograms is high.
2. Manufacturers who engage in wholesale and retail leave no room for traders to do business,…

WAGE BUDGET & KEY EXECUTION ISSUES FOR FY 2024/25:

Deputy Secretary to the Treasury, Patrick Ocailap on behalf of the PSST Ramathan Ggoobi has issued a circular to all Accounting Officers (Central & Local Government) on issues of the wage budget.

This follows the completion of the…

FOURTH NATIONAL DEVELOPMENT PLAN (2025/26-2029/30):
Minister of State for Planning Amos Lugoloobi yesterday met National Planning Authority 🇺🇬 team at Protea Hotel,Kampala to discuss the next steps & processes to deliver the fourth national development plan (NDPIV). This follows the approval of the…

Minister of State for Planning Amos Lugoloobi has this morning made a statement to Parliament of Uganda regarding the outcome of the meeting with Traders (on tax matters) on Tuesday 16th April,2024.

Amos Lugoloobi said the internal consultations and further engagement with the…

This is not true. Please Ugandans ignore. The New Vision please remove this misinformation, and sanction your people. The economy is not for populism and headline hunters.

Minister of State for Planning Amos Lugoloobi has today with Ministry of Education and Sports - Uganda team appeared before Parliament of Uganda Committee on Education & Sports to respond to issues raised by the Committee after examining the Ministerial Policy Statements & Budget Estimates for FY 2024/25.…

According to the Performance of the economy monthly report for March 2024,the Ugandan shilling traded at an average mid-rate of Shs 3,895.8/USD in March 2024 from Shs 3,873.6/USD in February 2024,and thus a depreciation of 0.6%.
This is a slowdown from the depreciation of 1.8%…

Our Issue No.14 of MOFPED TIMES is here for privileged insights. Have a look...👇👇👇
finance.go.ug/sites/default/…

'Whereas the recent debate focused on the rising debt levels, it’s worth noting that Uganda’s fiscal deficit has been reducing from 9.0% of GDP in FY 2020/21 to 5.5% in FY 2022/23 and is projected to reduce further to 3.8%,' writes Apollo Munghinda

businesstimesug.com/ugandas-debt-r…