The Government of Uganda has received the first disbursement of UGX 170 billion from the World Bank as part of the UGX 800 billion Investment for Industrial Transformation and Employment …
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Today 16h April 2024, the Hon. Minister of Finance, Planning and Economic Development together with the Hon. Minister of Trade, Industry and Cooperatives and the Hon. Minister of State for …
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During a recent media briefing on the state of the economy and the expenditure releases for the fourth quarter of the current financial year (FY 2023/24), the Ministry of Finance, …
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By Apollo Munghinda Three key events which happened successively in the recent days have been very instrumental in shaping the narrative about the state of Uganda’s economy with specific reference …
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Government of Uganda is implementing a three-year economic program supported by the Extended Credit Facility (ECF) of the International Monetary Fund (IMF). The program was approved by the IMF Executive …
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The value of the Uganda shilling relative to the U.S. dollar continues to decline. In the Thursday trading session, the shilling again closed at a low point, with rates of …
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Investors’ confidence increased following Uganda’s removal from the grey list of the Financial Action Task Force (FATF), a global body responsible for combatting financial crimes and terrorism financing. Finance Minister …
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Every time the Uganda shilling approaches a round figure exchange rate threshold against the United States dollar, tongues begin wagging. Currently, the shilling is flirting with the UGX4000 mark and …
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The Ministry of Finance Planning and Economic Development has revised the budget estimates for the financial year 2024/25 upwards from 52.7 trillion shillings to 53.3 trillion shillings.
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The Financial Action Task Force (FATF), a global body mandated to lead action to counter threats of abuse of the financial system by criminals and terrorists has today Friday, February …
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