Wamakuyu Mudimi, the Budget Committee Vice Chairperson in his report observes that the contribution of tax revenues to the total budget has continued to decline, hence pushing the government to costly borrowing.
Read more ...However, Shadow Finance minister Muwanga said Kivumbi says in his minority report: "For the budget committee to identify a huge funding gap of 6.1 trillion to be added to the already exaggerated Resource Envelope of 49.9 trillion Shillings without identifying the sources of revenue renders this exercise an academic trip of no particular practical import to the budget process.”
Read more ...In the committee report on the proposed National Budget Framework paper for the next financial year 2023/2024, Members of Parliament queried the variance in figures submitted by the Ministry of Finance and Auditor General.
Read more ...John Rujoki, the URA Commissioner General recently revealed that 2.88 trillion Shillings will be lost in the current financial year 2022 -23 in form of tax exemptions.
Read more ...The Governor is mandated to promote monetary policies and processes, ensure that regulated firms are financially sound and safely managed, convene and preside over the meetings of the bank's board of directors and supervise the bank's staff.
Read more ...According to the terms of reference, the committee is expected to examine corporate governance structures at NSSF, examine circumstances surrounding the appointment of the Managing Director, evaluate the status and safety of savers' money, examine the extent of stakeholder engagement in decision making and inquire into any other matters incidental thereto.
Read more ...Beti Olive Kamya, the Inspector General of Government (IGG) says that the Uganda Civil Aviation Authority (UCAA) cannot investigate itself and that her office will instead carry out a systematic inquiry in the institution that seeks to cure the persistent corruption scandals.
Read more ...Tayebwa directed that the Minister of Works and Transport, Gen. Edward Katumba Wamala, and his counterpart for Internal Affairs, Maj. Gen. Kahinda Otafiire presents the joint statement on Tuesday.
Read more ...In the financial year 2019/2020, the government committed a budgetary allocation of 10 billion Shillings to support the Emergency Medical Services (EMS) and Disease Outbreak response and another 1 billion for the mobilization of blood donors.
Read more ...Sekaggya, the Executive Director of the Human Rights and Peace Center was recognized with the highest award, beating former Speaker of Parliament Rebecca Kadaga and Santa Joyce Laker, the Vice Chairperson at Uganda Women Entrepreneurs Association Limited.
Read more ...The Auditor General says that the failure to utilize funds led to the underpayment of 8,347 staff and pensioners in 115 Local Governments, a total of four Local Governments did not implement 25 infrastructure projects under USMID-AF, 190 farmers in 23 Local Governments were not supported with irrigation equipment which exposed plantation to drought and 46 sub-projects under DRDIP in 2 Local Governments were not implemented.
Read more ...According to Speaker of Parliament, Anita Among, the members of the Select committee will be communicated during the plenary sitting on Monday.
Read more ...In his report, Muwanga says that the revised budget for the Model during the financial year was 234 billion Shillings out of which, 139 billion was released representing 59.4 percent performance.
Read more ...The Auditor General's report highlights that the government lost 19 billion Shillings through the payment of salaries to ineligible teachers in 129 Local Governments.
Read more ...According to the report, UBC owes 46.4 billion Shillings to the National Social Security Fund (NSSF), 15 billion to Uganda Revenue Authority (URA), 7 billion to UMEME, 6 billion for general suppliers and services providers, 5.47 billion for staff gratuity, 3.8 billion for Intelsat Satellite Services and others.
Read more ...MPs opposed the request and suggested that money for mindset change should only go to the Ministry of Gender, Labour, and Social Development.
Read more ...The Government Chief Whip, Dennis Hamson Obua told parliament that he had relayed the Speaker’s directive and that the Minister affirmed that she would present a report to parliament on NSSF on Thursday as directed.
Read more ...In his presentation, Ayota said that the current NSSF membership stands at 1.3 million with a historical annual growth of 140,000 members. The Fund portfolio stands at 17.9 trillion Shillings. He said 78 percent of this is fixed income assets, 15 percent equity instruments, and 7 percent real estate.
Read more ...According to CSBAG, understaffing and failure to fill critical positions in Local Governments such as heads of Departments are one of the major factors hindering quality and timely service delivery.
Read more ...Mpuuga said that it is the opposition's duty to deeply study the prepositions of the government, put some level of imagination and perspective on them and be able to produce alternatives.
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