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Uganda: How Government Will Finance Over U.S.$12 Billion Budget
Monitor, 11 June 2020
In his pre-election year budget, Finance minister Matia Kasaija will internally raise up to Shs32.97 trillion to fund part of the spending pressures in the 2020/21 financial year.… Read more »
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Uganda: Will Budget Theme Meet Citizens' Expectations?
Monitor, 12 June 2020
During yesterday's 2020/21 Budget speech, fiscal policy, fiscal stimulus and fiscal space are some of the key words that were used by the Minister of Finance, Planning and Economic… Read more »
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Uganda: Government Increases Import Duty On Agricultural Products to 60 Percent
Monitor, 11 June 2020
Finance minister, Matia Kasaija has said the government has introduced some taxes to raise revenue and announced that the import duty on agricultural products have been increased… Read more »
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Uganda: Uganda's Debt Burden As Financial Year Closes
Monitor, 9 June 2020
Uganda's fiscal position is expected to deteriorate temporarily but the debt would remain sustainable. Read more »
This is How Uganda Plans to Finance its U.S.$12 Billion Budget
Finance Minister Matia Kasaija will raise up to U.S.$8.5 billion to fund part of the spending pressures in the 2020/21 financial year. The balance of U.S.$3 billion will come from external sources such as loans and grants. Internally, the government intends to raise U.S.$5.5 billion from domestic revenues while over U.S.$700 million will come from domestic financing to recapitalise banks.
InFocus
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Finance minister designate Matia Kasaija has announced a mishmash of tax hikes and mini-giveaways in the trillion-shilling Budget for the 2016/17 financial year. Read more »
