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    Ministry of Finance Planning and Economic Development

    Each MP to get UGX200m, Down from UGX321m for Brand new car

    Thembo Kahungu MisairiThe Big StoryApril 27, 2021April 27, 2021

    Government has cut by UGX121 million the amount of money the Parliamentary Commission had requested in its budget for the Financial Year 2021/2022 to purchase new cars for Members of…

    Emyooga saga: Kadaga orders Finance committee to call meet for MPs to discuss UGX250b Kitty

    Thembo Kahungu MisairiBanking & Financial ServicesApril 20, 2021April 20, 2021

    The general perception on the UGX250 billion package the Ministry of Finance channeled through the Microfinance Support Centre (MSC) is to operationalise President Yoweri Museveni’s presidential initiative on wealth and…

    Sugar, Cement added on the list of goods mandated to have digital stamps

    CEO ReporterThe Big StoryMarch 13, 2021February 16, 2023

    The government of Uganda has added sugar and cement on the list of goods that are mandated to have digital stamps effective April 1, 2021. A public notice issued by…

    dfcu Bank, Makerere Innovation and Incubation Center collaborate to accelerate innovation and learning for economic growth

    CEO ReporterCompany NewsMarch 12, 2021March 12, 2021

    dfcu Bank, Makerere University and the Ministry of Finance, Planning & Economic Development has announced a strategic partnership that will create a platform to support young entrepreneurs advance ideas on…

    Parliament Approves Mid-Term Access to NSSF Savings but who is eligible?

    URNThe Big StoryFebruary 18, 2021February 18, 2021

    Parliament has passed the National Social Security Fund- NSSF Bill 2019, giving Ugandans aged over 45 years and those who have saved for 10 years to access 20 per cent…

    Bankers Oppose Planned Cash Withdrawal Tax

    URNBanking & Financial ServicesFebruary 11, 2021February 11, 2021

    The Uganda Bankers Association, UBA, is petitioning the Central Bank to block the proposed taxation of cash withdrawals from the bank. The proposal has drawn condemnation across sections of the…

    Ministry of Finance Tables UGX 292 Bn Supplementary Request

    URNBanking & Financial ServicesFebruary 4, 2021February 4, 2021

    The Ministry of Finance Planning and Economic Development wants an additional UGX292.394 Billion to mitigate the effects of the COVID-19 Pandemic and support the economy.       This is…

    We need More Time to Consult on NSSF Bill, Govt tells Parliament

    URNPolitics & GovermentFebruary 3, 2021February 3, 2021

    The government of Uganda has told Parliament that it needs more time to consult on the National Social Security Fund (NSSF) Amendment Bill 2019 concerning which Ministry should supervise the…

    MDAs Face UGX 2 Trillion Expenditure Cuts

    URNBanking & Financial ServicesFebruary 1, 2021February 1, 2021

    Government Ministries, Departments and Agencies-MDAs will have to do with a little less funding in the next financial year as the Finance Ministry slashes expenditure budgets across the board due…

    Parliament queries why Ministry of Finance has allocated UGX481 bn to BoU for recapitalization; money, that BoU says is not necessary

    URNThe Big StoryJanuary 27, 2021January 27, 2021

    Bank of Uganda, Uganda’s central bank does not need recapitalization in the 2021/2022 financial, according to Deputy Governor Michael Atingi-Ego. He disclosed this while appearing before the Budget Committee of…

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