Kampala — THE Uganda Revenue Authority (URA) has posted a sh121.11b shortfall in tax collections from July 2008 to April 2009, barely a month to the presentation of the national budget.
The deficit was attributed to a slow-down in consumption, depreciating exchange rate and outright fraud. April had a shortfall of sh13.24b, with sh293.04b collected against a target of sh306b.
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