The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
The Internal Security Organisation ISO has asked Parliament for an additional Shs218 billion in the 2026/27 financial year to strengthen intelligence collection and improve monitoring of the Parish Development Model PDM amid growing concerns over corruption and weak oversight.The request w
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliament during
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli
KABALE — President Museveni has directed the contractors of the Kabale–Lake Bunyonyi–Kisoro–Mgahinga road project to prioritise the use of local content in the execution of the Shs112 billion infrastructure upgrade.The directive was delivered by Deputy Speaker of P
The NRM aspiring MP Eng. Shafiq Kabandize for Makindye East has embarked on a community support initiative, a move to win voters’ hearts.Makindye East, well known for supporting opposition parties, may end up in the ruling party (NRM) after Eng. Shafiq Kabandize, the NRM aspiring MP
