CSBAG Archives – CEO East Africa

Tough times for Uganda as President Trump suspends US foreign aid for three months, cuts WHO and climate funding

CEO East Africa MagazineBanking & Financial Services Business & Markets C-Suite Leadership East Africa Global News News & Analysis Politics & Goverment The Big StoryJanuary 21, 2025January 21, 2025

Uganda, a major recipient of America’s foreign aid, could find herself in a tough position after the 47th President of the United States of America, Donald Trump issued an executive order halting all foreign development assistance pending review in a manner that aligns, and is consistent with Trump’s new government priorities. “The United States foreign aid industry and bureaucracy are not aligned with American interests and in many cases antithetical to American values. They serve to destabilize world peace by promoting ideas in foreign countries that are directly inverse to harmonious and stable relations internal to and among countries,” the…

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‘It will take Uganda 35 years to clear all domestic arrears’, CSBAG warns

CEO ReporterNews & Analysis Politics & GovermentJanuary 23, 2024January 23, 2024

Steven Alor, an economist at the Civil Society Budget Advocacy Group (CSBAG) has said that if government continues allocating Shs217 billion to clear its domestic arrears annually, it would take up to 35 years for all its creditors to be paid. Alor, who was meeting MPs on the Budget Committee, said the unchecked accumulation of domestic arrears by government was stifling the growth of the private sector. By June 2023, domestic arrears stood at Shs 8 trillion. Jeff Wadulo, also from CSBAG told MPs that the rate at which the arrears have accumulated is worrisome and reflects little or no…

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