Tag: Ministry of Finance Planning and Economic Development

Uganda buys far more from foreign countries than it sells abroad, creating a massive $4.6 billion trade gap. Because international sellers only accept US dollars, local traders are constantly scrambling to buy greenbacks, driving the dollar’s value up and shilling down.
"It is very sad to learn of the death of our brother Hon. Charles Matovu, former Member of Parliament for Busiro South, who passed on yesterday. Hon. Matovu represented his people with vigor and utmost dedication in the 11th Parliament. He was a member of the Parliamentary football team, where his tremendous contribution led us to dominate the East African Parliamentary games. My condolences go out to his family, the people of Busiro South, and the country at large. May he rest in eternal peace., Tayebwa said.

Cabinet Approves Establishment of Public University in Busoga Sub-Region

“After discussing the proposal to establish Busoga University as a public university, Cabinet decided to name it Iganga University,” Lumumba said.

Denmark Backs Local Climate Action as Ministry Launches Pawel...

The new system is expected to reduce the distance residents travel in search of water, improve school attendance and retention, and reduce the risks faced by women and girls who often travel long distances to collect water.

Perform or Perish: Govt Enforces Automated Scorecard to Track...

The Government of Uganda has officially rolled out the Balanced Scorecard (BSC) as its national performance management framework, with...

Stable Shilling, Low Inflation Highlighted in Uganda’s Economic Outlook...

The Ministry of finance , planning and economic development is set to launch the National Budget Month (NBM) as...

Uganda’s Inflation Drop Attributed to Reduced Commodity Prices—Finance Report

Uganda’s imports from the East African Community region decreased by 2.8% to USD 264.10 million in September 2024, down from USD 271.62 million the previous month. Exports to the region also declined by 1.0% from USD 197.23 million to USD 195.22 million over the same period.

Finance Minister Asks New Investment Board to Tackle Youth...

The newly appointed board, chaired by Dr. Robert Kyamanywa, faces the challenge of addressing rampant youth unemployment that has affected countless families across the country.

MoF Issues Funds to Local Governments to Facilitate Completion...

The primary objectives of the consultative workshops include providing feedback on issues raised during last year's budget consultations, discussions about the budget strategy for FY 2025/26, and discussions about the strategic direction of the NDP4, the 10-fold growth strategy, and how this will translate into local economic growth.

MPs Want Gov’t to Allocate Worth Ugx 2.5 Billion...

Members of Parliament (MPs) have asked the government to okay the allocation of over Ugx 2 billion to the...

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