Tough budget but let’s support it
For the first time, Uganda will fund over 80% of her 2013/14 Ushs13trillion budget using domestic resources, mainly taxes and internal borrowing.While its good news Uganda is weaning off from donor support, it’s also imperative to note that the move to widen the tax base and increase taxes was a forced one after donors pulled off budget support due to corruption allegations in the Office of the Prime Minster and Public Service. The fact is you don’t need to be an economist or an expert to know that a Ushs50 addition to the excise duty on fuel, a 10 percent…