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TodayFriday, April 24, 2026

Ministry of Finance Planning and Economic Development- Page 2

Absa Bank Uganda Managing Director Mumba Kalifungwa with Ramathan Ggoobi at the 2023 Post Budget dialogue. Kalifungwa applauded the Finance Ministry and Central Bank for using the fiscal and monetary tools respectively in curbing inflation

Gov’t on move to redirect resources towards wealth creation, rapid expansion of the economy

Government will in the Financial Year 2023/24 redirect resources towards wealth creation by facilitating more Ugandans to join the money economy and accelerate the economy’s rapid expansion, the Finance Ministry Permanent Secretary/
June 19, 2023
Finance Minister, Matia Kasaija and Permanent Secretary/Secretary to the Treasury Ramathan Ggoobi’s Domestic Arrears Strategy created in June 2021 seems to be failing miserably.

Tough times ahead for gov’t suppliers as a meagre UGX200bn is allocated to clearing UGX7.6 trillion in domestic arrears

Members of the Civil Society Budget Advocacy Group (CSBAG) have urged the government to address domestic arrears in the 2023/2024 financial year. The civil society group led by their economist, Patrick Rubangakene
March 27, 2023
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Parliament of Uganda in Kampala. The House has approved a loan meant to finance infrastructure and development needs of the budget

Uganda Parliament approves UGX1.7 trillion loan request

Members of Parliament have approved a request by the government to borrow $464 million (about UGX1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the opposition, who
November 4, 2022
The Board Members and Representatives of the Executive Committe of PostBank together with Representatives the Shareholders, Anite Evelyn, Minister of State for Privatization and Investment and Haruna Kasolo, Minister of State for Microfinance during the Annual General Meeting (AGM) at the Ministry of Finance, Planning and Economic Development.

AGM: PostBank’s Authorized Share Capital to Increase by 400% as Resolved by Shareholders

Government has resolved to increase PostBank’s authorised share capital by 400% from UGX100 Billion to UGX500 Billion. For customers, this means that access to low-priced financing would further be enabled while the
August 24, 2022
The analysts who took part in discussing the Budget. Damali Ssali, Chief Programs Officer at PSFU said that the half-day dialogue was intended at identifying the areas where the PSFU made the recommendations to the government on interventions that should be addressed in the budget.

Does it address nation’s development agenda to the next level- PSFU scrutinises FY2022/23 national budget

The Private Sector Foundation Uganda (PSFU) recently put together a panel of experts who analysed the impact of UGX. 48.1 trillion national budget for the Financial Year 2022/2023 that was read on
June 25, 2022
Muhakanizi says he was on sick leave during the process of the payments adding that his deputy, Patrick Ocailap was in charge at the time. File photo

Muhakanizi distances self from UGX10.6 billion land compensation funds

The former Secretary to the Treasury (PSST), Keith Muhakanizi has distanced himself from the processes that saw the disbursement of supplementary funds by the Finance Ministry for land compensations. Muhakanizi said that
June 14, 2022
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