Matia Kasaija Archives

Uganda’s 2020/21 budget shoots to Shs 45.4trillion

Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched to survival mood; sending away a section of their workers on forced…

Uganda’s Revenue Collections to Register Shortfall of Shs82.4b due to Corona Virus

4 years ago PDStaff

The Minister of Finance, Matia Kasaija has noted that the country’s economic growth projections in FY2019/2020 has been revised downwards from 6.0 percent to between 5.2 5.7 percent depending on the severity of the COVID-19 impact on Uganda. While addressing Parliament on Thursday, the Minister noted that the country’s revenue collections will register an additional shortfall of about Shs82.4 billion…