Browsing: @ministry of Finance

The Head of Public Service, Lucy Nakyobe, has issued a stern warning on rampant corruption within Uganda’s public institutions, urging Accounting Officers to lead the fight against graft. At a recent meeting with the Ministry of Finance and government officials, Nakyobe emphasized the importance of vigilance and adherence to ethical standards. Meanwhile, PSST Ramathan Ggoobi highlighted Uganda’s impressive economic recovery, citing a 6% growth in the last fiscal year and booming foreign direct investment. However, he stressed that continued economic success hinges on robust anti-corruption measures and effective public expenditure management.

In the first quarter (July-September 2024), the Ugandan government released Shs 5.899 trillion, representing 21.3% of the discretionary budget. This…

KAMPALA: Recent data from the 23rd edition of the Uganda Economic Update released by the World Bank reveals significant challenges…

Kampala: Uganda’s economy has demonstrated remarkable resilience despite facing multiple successive shocks. According to the 23rd edition of the Uganda…

In the latest semi-annual Budget Monitoring Report released by the Ministry of Finance for the fiscal year 2023/24, significant payroll…

KAMPALA: The recent Public Sector Transformation Programme Semi-Annual Budget Monitoring Report for the financial year 2023/24 reveals a mixed bag…

KAMPALA: Various financial inflows have significantly influenced Uganda’s economic growth, notably remittances, foreign direct investment (FDI), tourism revenues, and export…

A total of 205 km was added to the paved road network during FY2023/24, increasing the total paved national road…

KAMPALA: To bolster public health security and promote import substitution, the Ugandan government is injecting billions of shillings into the…

KAMPALA: Uganda has increasingly regained its position among the top ten best tourism destinations globally, according to the Minister of…