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The National Information Technology Authority – Uganda (NITA-U) last week convened a high-level validation workshop with Ministries, Departments, and Agencies (MDAs) to endorse a comprehensive Change Management, Marketing, and Public…
Finance Minister, Matia Kasaija yesterday unveiled the top four priority sectors in the 72 trillion Budget for the next Financial Year 2024/25 beginning July 1st. Presenting the National Budget at Kololo Ceremonial Grounds on June 13th, Kasaija gave a glowing perspective of Uganda’s economic outlook as, “positive and optimistic.” “The economy has remained resilient and has fully recovered from a myriad of internal and external shocks,” said the Minister Kasaija, adding that the economy is projected to grow between 6.4% & 7% next FY and double digit over the next 5 years. The Budget is the fifth, and therefore the…
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Under the National Development Plan III, a total of 69 core projects have been identified.Of these, 16 are ongoing projects that reflect the need to complete unfinished work during the NDPII period. 51 are new NDPIII project ideas that are at different levels of preparedness. The projects have been identified along the NDPIII programmes. Preparation of these projects must be fast-tracked and finalized in the first year of NDPIII, for effective implementation. Here is a list of the 10 key infrastructural projects that are destined to transform Uganda forever in the next 5 to 10 years. Kabaale International Airport The…
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The Uganda Development Bank Ltd (UDB), the country’s national Development Finance institution, approved projects worth Shs926 Billion of which a total of Shs589 Billion has so been disbursed into the Ugandan economy to support businesses during the Covid-19 pandemic period (August 2020, to date). The revelation has been made by Ms Patricia Ojangole, the Managing Director UDB during a press conference in Lira City on Friday. This disbursement represents the largest investment in the post-COVID recovery effort in the country where the government through UDB is prioritizing growth through localized value addition, production and import replacement in alignment to the…
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