Uganda Drafts Three New Policies for Oil Monies
The policies, which are expected to follow the guidelines set out in the Public Finance Management Act (PFMA) of 2015, will spell out the finer details on how money from the Petroleum Fund in Bank of Uganda will be spent.
Government has concluded drafting three different pieces of legislation that will inform how money from the Petroleum Fund in Bank of Uganda.
Monitor, 11 April 2019
A new round of competitive bidding for oil exploration licenses for the Albertine Graben is slated for early next month. Read more »
Monitor, 3 April 2019
The Ministry of Finance yesterday described as a "trade-off", government's withdrawal of Shs200b from the Petroleum Fund to finance the Budget for the Financial Year… Read more »