Uganda Revenue Authority (URA) announced last week that for the financial year 2022/2023 it had collected UGX 25,209.05 billion⏤an extra UGX 57.48 billion against a target of UGX 25,151.57 billion, reflecting a performance of 100.23%. This follows a 16.4% growth in revenue collections (UGX 3,551.04 billion) from the UGX 21.062 trillion registered in 2021. The year before that, revenue collections grew 12.14%. This performance, the tax authority attributed to “an intensive agenda to grow local revenue mobilisation” in which “URA employed a number of measures such as automated ledger reconciliation, the EFRIS and DTS solutions”. This is the first time in…
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