Tag Archives: Ministry of Finance

Ramathan Ggoobi, the permanent secretary at the Ministry of Finance has asked procurement entities to encourage local contractors through reserving 30% of the civil works for them. He made these remarks on Friday at Hotel Africana as he opened the 6th Annual Procurement Summit 2022. The Institute of Procurement Professionals of Uganda (IPPU) organized the summit under the theme, “Procurement ...

President Museveni is expected to address the nation on the high commodity prices on Sunday. Linda Nabusayi, the Senior Presidential Press Secretary, said the head of state’s address will be at 8 pm. “President Museveni will this Sunday, May 22, 2022, at 8 pm address the nation to update Ugandans on the current economic situation. The address will be broadcast ...

An exhibition that will showcase gains made by the government to reduce wastage in the implementation of projects today opened in Kampala. The major intent of the exhibition is to promote best practices. It will also encourage the efficient use of donor resources in government agencies. All this is due to a need for an increase in returns on the ...

Matia Kasaija, the Finance Minister has said he is no longer clearing supplementary budgets for ministries that are just a stone in a shoe. According to him, ministries should be able to make proper Budgets rather than wait to make supplementary budget. He said this while at the budget conference at Kololo grounds “Many times you find that they have ...

The 2021/2022 financial year national budget previously stood at shs.41.2 trillion. However, the Ministry of Finance has revised it from that previous total to shs.44.7 trillion. This means that the revised national budget increased by shs3.4 trillion. According to the revised National Budget allocation, human capital development now takes the lion’s share with Shs7.7 trillion. Followed by governance and security ...