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…
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…
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,…
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…
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…
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…
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…
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…
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.
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…