The ministry for finance has come up with new guidelines aimed at ensuring that capitation grants for both primary and secondary schools aided by government reach on time without delays. According to the deputy secretary to treasury Keith Muhakanizi, the ministry has reviewed the method of remitting money to schools whereby instead of sending it […]
The Ministry of Finance, Planning and Economic Development derives its mandate and functions from the 1995 Constitution of the Republic of Uganda and other related subordinate laws, including; the Budget Act (2001), the Public Finance and Accountability Act (2003) and acts establishing agencies and auxiliary organisations. Accordingly, the Ministry plays a pivotal role in the […]
Uganda Parliament has declined to approve a budget of 5.6 billion Uganda shillings for organizing the African Union Summit to take place in Uganda soon. Parliament declined to approve the budget because it wanted further explanations from the Ministry of Finance regarding expenditures during the summit. The Summit that will bring together all African countries […]
The Uganda Parliamentary Committee of Local Government Accounts has blocked the re-appointment of the Town Clerks and the Chief Administrative Officers (CAO’s) of various towns and districts in Uganda because of their questionable reputations. According to the recent Auditor General’s report, most of the top government officials at the district level have been implicated for […]
The Uganda Minister of Finance, Planning and Economic development, Hon. Syda Bumba has indicated that government of Uganda has allocated funds to set up a fund for school leavers to help reduce the problem of unemployment in the country. According to a 2008 World Bank report, Uganda has the highest youth unemployment rate and the […]
The Uganda minister of Finance, planning and economic development, Hon. Syda Bbumba has indicated that the Uganda economy is improving steadily as a result of strategic government interventions aimed at economic growth and development. While reading the Uganda 2010/2011 National Budget at Kampala Serena Hotel, the minister says the Uganda economy has grown by 5.8 […]
The Private Sector Foundation of Uganda (PSFU) is set to review the Uganda 2010/11 budget speech to enable it take note of the concerns of the Uganda private sector. The review conference dubbed ‘Post Budget Review Luncheon’ will take place on Friday June 11, 2010 at Uganda Manufacture’s Association (UMA) show grounds main exhibition hall. […]