Parliament of Uganda Archives

Budget Allocations: MPs accuse Minister Kasaija of undermining Presidential directive on UGX800 billion Judiciary Kitty

Members of Parliament sitting on the Budget Committee have raised a red flag over what they called under allocation of funds to the Judiciary which is battling a huge case backlog that

April 27, 2021

Banking & Financial Services

The amount each MP is likely to get may afford such a vehicle. Courtesy photo

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

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 the 11th

April 27, 2021

The Big Story

Kasaija Revises 2021/2022 Budget Twice in one Week, adds More UGX3 Trillion

The Ministry of Finance has returned to Parliament with additional estimates of the Budget of the Financial Year 2021/2021 being processed ahead of its expected approval at the end of this month.

April 24, 2021

Banking & Financial Services

Patricia Adong Ojangole, Uganda Development Bank Executive Director

Parliament Permits UDB to Borrow UGX305.5b as Ojangole Targets More Private Sector led Investments

Parliament has approved a motion authorizing the Uganda Development Bank (UDB) to take two loans amounting to $84.8m (UGX305.5b) that will be used to finance operations and extending more credit to the

April 22, 2021

Banking & Financial Services·The Big Story

Empty crates of beer. Bars and clubs remain officially closed, in Uganda, which means that people have developed new drinking habits like drinking at home. Courtesy photo

MPs Question Continued Beer Production while Bars Remain closed over Covid-19

Members of Parliament who sit on the Committee on National Economy have questioned why the bars remain closed when the companies manufacturing beer and other alcoholic drinks continue to be in production.

April 21, 2021

Banking & Financial Services

Rebecca Kadaga, Speaker of Parliament. Courtesy photo

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

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 job creation,

April 20, 2021

Banking & Financial Services

Bank of Uganda Deputy governor Dr. Michael Atingi-Ego maintains the Central Bank's capital base is not impaired

Finance Ministry backs off UGX481 billion questionable BoU recapitalization

When the Ministry of Finance tabled the Budget Framework Paper (BFP) for the Financial Year 2021/2022, there was one item that raised alarms with most of the Members of Parliament sitting on

April 19, 2021

Banking & Financial Services·The Big Story

Uganda's Finance Minister, Hon. Matia Kasaija

Cash-strapped Kasaija, trims 2021/22 budget by UGX4.36 trillion; plans to raid Petroleum Fund for UGX200 billion to patch holes in his pockets

Uganda’s Ministry of Finance, Planning and Economic Development (MoFPED) has trimmed down government planned expenditure for the Financial Year 2021/22 by at least UGX4.36 trillion, indicating anticipated failure to meet its revenue

April 19, 2021

The Big Story

Curfew Guidelines stay in place, Prime Minister Rugunda tells Parliament

Prime Minister Dr Ruhakana Rugunda has said curfew rules stay in place as per The President and Ministry of Health’s guidelines to prevent the spread of Covid-19. While addressing Parliament yesterday, Rugunda

April 14, 2021

Thought Leadership

NSSF Workers House in Kampala. Statistics show that the Fund experienced a substantial increase in withdrawal of benefits payments in March. Courtesy photo

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

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 of their

February 18, 2021

The Big Story

Parliament of Uganda- Page 6

Budget Allocations: MPs accuse Minister Kasaija of undermining Presidential directive on UGX800 billion Judiciary Kitty

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

Kasaija Revises 2021/2022 Budget Twice in one Week, adds More UGX3 Trillion

Parliament Permits UDB to Borrow UGX305.5b as Ojangole Targets More Private Sector led Investments

MPs Question Continued Beer Production while Bars Remain closed over Covid-19

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

Finance Ministry backs off UGX481 billion questionable BoU recapitalization

Cash-strapped Kasaija, trims 2021/22 budget by UGX4.36 trillion; plans to raid Petroleum Fund for UGX200 billion to patch holes in his pockets

Curfew Guidelines stay in place, Prime Minister Rugunda tells Parliament

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