Last week, the International Monetary Fund, (the go-to people in case you run short of foreign exchange), gave the Uganda government a pat on the back for successfully steering the …
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In the financial year 2022/23, the government provided tax exemptions amounting to a significant Sh. 2.97 trillion, according to a report by the Ministry of Finance. This substantial figure represents …
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EconomicsFinanceLatest NewsNational NewsNews
Did Govt Plan for the Additional 11 Million People Before Approving the Budget?
As governments craft their financial year budgets, they consider various factors, including the country’s population, which is critical for allocating resources equitably and accurately. Without knowing the exact population, it …
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The Government has been telling Ugandans that the economy has fully recovered from the economic shocks and crises such as COVID-19. This was first announced by Finance Minister, Matia Kasaija …
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By Hellenah Niwasiima According to the highlights from the latest State of the Economy Report, Uganda stands out with a story of resilience and strategic foresight amidst its economic uncertainties. …
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As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to …
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Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders …
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Uganda Under Tight Surveillance over Money Laundering, Terrorism Financing
Uganda has remained on the list of 26 countries put under increased monitoring (grey list) by the Financial Action Task Force (FATF) for moving slow to strengthen its financial systems …